Answer:
30.31%
Step-by-step explanation:
Mark up on selling price is given by markup*100%/selling price
In this case, markup is given as $870 while the selling price is $2870 hence the percentage of narkup to selling price will be given by [tex]\frac {870\times 100}{2870}=30.313588850174\approx 30.31[/tex]
Therefore, the percentage of markup to selling price is approximately 30.31%
