What is the equivalent rate of percent markup

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Misu Sheet wants to advertise the comforter as "percent markup on cost." What is the equivalent rate of percent markup on cost compared to the 30% markup on selling price? Check your answer. Is this a wise marketing decision? Round to the nearest hundredth percent.

Reference no: EM13506140

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What is the most that misu can pay for a comforter : Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $120 for a comforter. Misu wants a 30% markup on selling price. What is the most that Misu can pay for a comforter?

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