Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if the percentage markup on cost is 25%, the gross

If the percentage markup on cost is 25%, the gross profit on selling price is...

60.1K

Verified Solution

Question

Accounting

If the percentage markup on cost is 25%, the gross profit on selling price is

A. 20%. B. 25%. C. 3313%

D. 50%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Problem 1. The purpose of this problem is to practice the use of logic operations and...

Basic Math
Q

Report any past experiences in which you changed your opinion about a person after working or...

Psychology
Q

Q1:  Find the final angular velocity if a grinding wheel starts from rest and accelerates at 2...

Physics
Q

PERSONAL SPEECH (2-3 MINS): any event good or bad (preferably good) that has happened in your...

General Management
Q

Three identical cylinders each of mass M and radius R are in contact and kept...

Physics
Q

Today, a $10,000 bond bearing interest at 3% payable semi-annually will be due in 9...

Basic Math
Q

State what the first and easiest step procedure should be in finding the integral farcsin...

Calculus
Q

Which scatter plot indicates a perfect positive correlation D A B C 87 E

Algebra
Q

Solve the inequality Express your answer using interval notation Graph the solution set x 2...

Algebra
Q

c. Prepare an income statement and statement of retained earnings for the year ended...

Accounting
Q

If a check correctly written and paid by the bank for $342 is incorrectly recorded...

Accounting
Q

10.0. Abraham, Isaac, and Jacob each have a capital balance of $50,000.Abraham is very old...

Accounting