A mens specialty shop uses a markup of 40 percent at retail for branded shirts. What is

Question:

A men’s specialty shop uses a markup of 40 percent at retail for branded shirts. What is the markup equivalent at cost?

a. 45%
b. 66.7%
c. 100%
d. 122%

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Retail Management A Strategic Approach

ISBN: 9780133796841

13th Edition

Authors: Barry Berman, Joel Evans, Patrali Chatterjee

Question Posted: