Question: Working off an 18% margin, with markups based on cost, the Food Co-op Club boasts that it has 6,100 members and a 255% increase in

Working off an 18% margin, with markups based on cost, the Food Co-op Club boasts that it has 6,100 members and a 255% increase in sales. The markup is 5% based on cost. What would be its percent markup if selling price were the base? (Round your answer to the nearest hundredth percent.) Percent markup %

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