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Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454 Exercise 5
Solve the following Word Problems. Round dollars to the nearest cent and percents to the nearest tenth of a percent.
A purse has a cost of $21.50 and a selling price of $51.99.
a. What is the amount of markup on the purse
b. What is the percent markup based on cost
c. What is the corresponding percent markup based on selling price
A purse has a cost of $21.50 and a selling price of $51.99.
a. What is the amount of markup on the purse
b. What is the percent markup based on cost
c. What is the corresponding percent markup based on selling price
Explanation
Verified
Verified
a. Consider cost for purse is
and sel...
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
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