Carmella is setting a price for her store's newest item, a weighted blanket. She purchased the item for $30 and decides to sell it for $65 using markup pricing. What is the blanket’s markup as a percentage of cost? What is the blanket’s markup as a percentage of the selling price?

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Answer

The markup as a percentage of cost is 25 percent, and the markup as a percentage of the selling price is 15 percent.

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The markup as a percentage of cost is 200 percent, and the markup as a percentage of the selling price is 65 percent.

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The markup as a percentage of cost is 35 percent, and the markup as a percentage of the selling price is 20 percent.

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The markup as a percentage of cost is 85 percent, and the markup as a percentage of the selling price is 25 percent.

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The markup as a percentage of cost is 117 percent, and the markup as a percentage of the selling price is 54 percent.

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Carmella is setting a price for her store's newest item, a weighted blanket. She...

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