Question

if a bookmark affili paperback book for $4 in the book of life of the selling price of 6.99,how much is the dollar markup?

Answer 1

The dollar markup is $2.99

The dollar markup is computed by deducting the cost from the selling price.

6.99 - 4 = 2.99 is the dollar mark-up based on cost.

2.99/4 = 0.7475 x 100% = 74.75% is the percentage mark-up based on cost.