Practice question · Estimate
A product costs 60€ to make and sells with a 25% markup on cost. Set the slider to its price in €.
Estimate on a scale from 60€ (60) to 100€ (100).
Hints
- .
- A quarter of 60 is 15.
Show the answer
75 (answers within ±1.5 count)
Why
€. Note the asymmetry: a 25% markup on cost is only a 20% margin on price, a classic interview trap.
Practise Pricing Strategies
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