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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 69
Solve the following word problems. Round dollars to the nearest cent and percents to the nearest tenth of a percent.
A distributor purchases tractors at a cost of $6,500 and sells them for $8,995.
a. What is the amount of the markup?
b. What is the percent markup based on selling price?
A distributor purchases tractors at a cost of $6,500 and sells them for $8,995.
a. What is the amount of the markup?
b. What is the percent markup based on selling price?
Explanation
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a. A distributor purchases tractors at a...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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