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cost plus 100% markup calculation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › cost plus 100% markup calculation

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.
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  • August 12, 2020 at 12:41 pm #580260
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    sir cost plus 100% mark up should mean cost*200%, but in my kaplan study text they take cost*100%. because i remember every time there is a mark up of 20% or 30%, we multiply cost with cost*120% or cost*130%.

    thank you.

    August 12, 2020 at 1:36 pm #580267
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54832
    • ☆☆☆☆☆

    The mark-up will be 100% x the cost. The selling price will be 200% x the cost.

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