Tài chính doanh nghiệpCâu 1105 / 1605
A contractor's price is $20,000 and direct cost is $16,000. What is the markup percentage on cost?
a.16%
b.80%
c.20%
d.25%
Giải thích
Markup = profit / cost. Profit = $20,000 - $16,000 = $4,000. Markup = $4,000 / $16,000 = 0.25 = 25%. (The margin on price would be $4,000 / $20,000 = 20%.)
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A job costs $12,000 and is sold for $15,000. What is the gross PROFIT MARGIN (as a percentage of the selling price)?
- A contractor wants a 40% gross margin on a job whose direct costs are $6,000. What selling price must he set?
- A 50% markup on cost is equivalent to what gross profit margin?
- To achieve a 30% gross margin, what markup on cost must a contractor apply?
- A contractor buys materials for $2,000 and applies a 35% markup. What is the marked-up material price?
- Which statement about markup and margin is correct?
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Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)