If the rice-filled heating pads sell for $7.00, $10.00, and $15.00 for small, medium, and large, respectively, what is the markup percentage on each one?
"(Show your work in this cell to solve for the markup percentages for small, medium, and large rice-filled heating pads.)
""Use the marked cells below to fill in the appropriate numbers for the variables to check your answers.
Variables Used Small RFP Selling Price=
Medium RFP Selling Price=
Large RFP Selling Price=
Small RFP Cost=
Medium RFP Cost=
Large RFP Cost=
Excel Formulas Small % Markup=
Medium % Markup=
Large % Markup=
In the yellow cells, create the Microsoft® Excel® formulas that will give you the markup percentages for small, medium, and large rice-filled heating pads. Use cell references in the formula-do NOT use numbers.