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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 7
To have a markup of 100% or greater, the markup must be calculated on cost. Show why this is always true. (See Objective.)
OBJECTIVE Convert markup percent on selling price to markup percent on cost. Converting Markup Percent on selling Price to Markup Percent on Cost
OBJECTIVE Convert markup percent on selling price to markup percent on cost. Converting Markup Percent on selling Price to Markup Percent on Cost
Explanation
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Consider the calculation of markup. Look...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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