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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