Answer:
Percentage Markup = (Peso Markup / Purchase Cost) * 100
Percentage Markup = (2.00 / 5.00) * 100
Percentage Markup = 40%
Therefore, the peso markup is 2.00 pesos and the percentage markup is 40%.
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Answer:
Percentage Markup = (Peso Markup / Purchase Cost) * 100
Percentage Markup = (2.00 / 5.00) * 100
Percentage Markup = 40%
Therefore, the peso markup is 2.00 pesos and the percentage markup is 40%.