A big-screen TV costs a company \( \$ 3,300 \) to manufacture. If it sells for \( \$ 7,000 \), what is the percent markup based on cost? (Round to the nearest whole percent) Select one: a. \( 51 \% \) b. \( 104 \% \) o. \( 49 \% \) o d. \( 112 \% \)

To find the percent markup based on cost, you would use the formula: \[ \text{Percent Markup} = \left( \frac{\text{Selling Price} - \text{Cost}}{\text{Cost}} \right) \times 100 \] In this case, the Selling Price is \( \$ 7,000 \) and the Cost is \( \$ 3,300 \). So, the calculations will be: \[ \text{Percent Markup} = \left( \frac{7000 - 3300}{3300} \right) \times 100 = \left( \frac{3700}{3300} \right) \times 100 \approx 112.12\% \] Rounding to the nearest whole percent gives us \( 112\% \). The correct answer is **d. \( 112\% \)**.