Quick Quiz Jun 9, 2012 8:56 pm P2 Test Prep Quick Quiz Share Tweet Print Email Mike Hobbs,subscriberView bio Bio Recent Posts Popular Posts Future Power Quick QuizDeceptive Diagnostics: Information Services Tip ClipBrake Systems Technology Quick QuizBrake Systems Technology: Scan Tool Diagnostics Tip ClipParasitic Current Draw Quick Quiz Do you have what it takes to ace the P2 ASE Test Prep exam? Test your knowledge on everything behind the parts counter in our five question quick quiz. P2nr34p Question #1 – 35% of 12.50 is 4.38 so the correct answer is “B”. The $19.23 answer is a 54% markup. [email protected] Yes, answer B is correct, this quiz in erroneous Tom Dayton Markup is different than gross profit, guys. That is the reason for the question, and the correct answer is NOT “B”. Multiplying by 1.35 only yields 26% gross profit (approximately), and you are shortchanging yourself on sales doing things this way.