Question

. A retailer buys pants at $22.00 and sells them for $26.40 The percent of markup on cost is 50 percent. 13 percent. 20 percent. 33.3 percent.

Answer 1

22     = 100%
26,40 = x%

26,4*100/22=120%
x=120%

120%-100%=20%
The answer is 20%