Markup on Selling Price - www.atcmathprof.com

[zacjungers]

Why is the answer to the last problem 36 cents per doughnut? 50% markup on SP equals 100% markup on cost. Donuts costs 15 cents each, thus would sell for 30 cents each. I don't understand why it matters how many donuts were actually sold, that seems irrelevant. Can someone explain?

[zacjungers]

I see how you're getting it...9 dollars total cost, so 18 dollars total sales, then dividing that by 50 donuts. So it the way of thinking about this: "We want to achieve 50% markup on SP overall, but we won't sell all of our units, so effective unit pricing needs to be done at 58.33% markup on SP" ?

[TheDISNEY365]

thanks!!!!