The markup is 36 based on cost what would be their percent


Working off an 18% margin, with markups based on cost, the Food Co-op Club boasts that they have 5,000 members and a 200% increase in sales. The markup is 36% based on cost. What would be their percent markup if selling price were the base? Round to the nearest hundredth percent.

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Cost Accounting: The markup is 36 based on cost what would be their percent
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