商业财务第 1104 / 1632 题
A 50% markup on cost is equivalent to what gross profit margin?
a.40%
b.25%
c.50%
d.33.3%
解析
Take cost = $100. A 50% markup adds $50, giving a price of $150. Margin = profit / price = $50 / $150 = 33.3%. Markup and margin are different: markup is on cost, margin is on price.
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同考点相关题目
- A contractor's direct job costs are $8,000. He applies a 25% markup on cost. What is the total price he charges the customer?
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- A contractor wants a 40% gross margin on a job whose direct costs are $6,000. What selling price must he set?
- A contractor's price is $20,000 and direct cost is $16,000. What is the markup percentage on cost?
- To achieve a 30% gross margin, what markup on cost must a contractor apply?
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审核人 Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — 核实)