Can you show me an example of a markup percentage for a motorcycle?
You're a motorcycle dealer....
the cost of the motorcycle to you is 10 000 dollars
everything in your shop is marked up 25 %
the price you sell the motorcycle to the public is 25% more than 10 000 1.25 x 10000 = $ 12500
You have a cheap motorcycle, worth 2 cents.
You sell it for ten quintillion megabucks.