A high-definition tv costs a company $3,300 to manufacture. if it sells for $6,732, what is the percent markup based on cost? (round to the nearest whole percent)
The cost of TV to the company = $3300
Selling price of TV = $6732
Hence Markup = 6732-3300 = $3432
Percentage Markup
=3432/3300 x 100
=104%
Hence percentage markup cost = 104%
