9514 1404 393
Answer:
C) 800%
Step-by-step explanation:
The markup amount is the difference between the selling price and the cost:
markup = selling price - cost
markup = $63 -7 = $56
The percentage markup relative to the cost is ...
markup/cost × 100%
= ($56)/($7) × 100%
= 8×100% = 800%
