If the markup on an item is 25.00% of its selling price, calculate the markup as a percentage of the cost of the item

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter7: Applying Fractions
Section: Chapter Questions
Problem 37CLR
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If the markup on an item is 25.00% of its selling price, calculate the markup as a percentage of the cost of the item.

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