Question: Five stores each had net sales as shown below. What was the average percent of markup, based on cost, for each of the five stores?

Five stores each had net sales as shown below. What was the average percent of markup, based on cost, for each of the five stores? What was the average percent of markup, based on selling price, for each of the five stores? If required, round your answers to two decimal places.

Store A Store B Store C Store D Store E
Net sales $141,200 $152,400 $319,000 $227,900 $144,100
Cost of goods sold 81,700 109,800 204,400 175,000 72,100
Markupcost % % % % %
Markupselling price % % % % %

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