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rolpace88 rolpace88
wrote...
Posts: 3242
8 years ago
Markup = $50.84; selling price = $129.18. Find the cost and the rate of markup based on the selling price.
A) Cost = $180.02
Rate of markup based on selling price = 64.9%
B) Cost = $78.34
Rate of markup based on selling price = 39.4%
C) Cost = $180.02
Rate of markup based on selling price = 39.4%
D) Cost = $78.34
Rate of markup based on selling price = 64.9%
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
Read 361 times
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MillionMillion
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Posts: 3708
8 years ago
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rolpace88 Author
wrote...
8 years ago
Not sure why I found this tricky. Now that I know the answer, it's almost self-explanatory.
wrote...
8 years ago
You're welcome. All I ask in return is a thumbs up!
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