Question

convert a 30% markup percent on cost to markup percent on selling price. (round to the nearest hundredth percent)

Answer 1

40 percent i hope this helps

Answer 2

23.08 %

Explanation:

Markup price is the difference between the selling price and cost price of an item.

m = Markup = 30

s = Selling price = 130

`\text{Markup percent on selling price}=(m)/(s)* 100\\\Rightarrow \text{Markup percent on selling price}=(30)/(130)* 100\\\Rightarrow \text{Markup percent on selling price}=23.08\ %`

∴ Markup percent on selling price is 23.08 %