a storekeeper purchased an article for $36. In order to include 10% cost for overhead and $9 of net profit, the markup should be
A) 25%
B) 35%
C) 37 1/2%
D) 40%

Question

a storekeeper purchased an article for $36. In order to include 10% cost for overhead and $9 of net profit, the markup should be
A) 25%                                                         
B) 35%                                                     
C) 37 1/2%                                                  
D) 40%

anonymous · Answer

9$ is 25% of 36$ + 10% of overhead cost
35% markup of 36$