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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 148
Solve the following application problems, using cost as a base. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent.
CUSTOM-MADE JEWELRY A jewelry dealer sold custommade necklaces at a selling price that was 250% of his cost. If the markup is $135, find (a) the markup percent on cost, _____ (b) the cost, _____ and (c) the selling price. _____
CUSTOM-MADE JEWELRY A jewelry dealer sold custommade necklaces at a selling price that was 250% of his cost. If the markup is $135, find (a) the markup percent on cost, _____ (b) the cost, _____ and (c) the selling price. _____
Explanation
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For part (a) you are asked to find the m...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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