Essay
Adrian's Salon tracks their retail merchandise in a spreadsheet. Cost is in Column B, Markup Rate is in Column C, Mark up Amount is in Column D, and Selling Price is in Column E.
If the cost of a shampoo is in Cell B6, and its selling price is in Cell E6, what formulas are needed in Cell C6 to calculate markup rate based on cost and in Cell D6 to calculate markup amount?
Correct Answer:

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C6: =D6/B6...View Answer
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