Eelementary
Post Whore
- Messages
- 57,214
The question doesn't make a lot of sense, re the 'biggest markup'. The weighted average markup is 0.3 x 5.7% + 0.3 x 6.5% + 0.4 x 8.0% = 6.86%
But 'biggest markup'? Got me f**ked....the biggest of them is obviously the 8%, but that can't be what they are asking for.
Thanks, mate - the 6.86% I think is the right answer from the ones given to me (I think).
I just couldn't come up with an answer that matched any of the four answers supplied, so I was wondering what the formula was to calculate it.
But your formula makes sense - thank you very much, mate!
I actually got a call for the next stage of the interview!