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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 90
Solve each of the following application problems. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent.
MOUNTAIN BIKE REI advertises mountain bikes for $199.90. If the store's cost is $2100 per dozen, what are (a) the markup per bicycle, _____ (b) the percent of markup on selling price, _____ and (c) the percent of markup on cost?
_____
MOUNTAIN BIKE REI advertises mountain bikes for $199.90. If the store's cost is $2100 per dozen, what are (a) the markup per bicycle, _____ (b) the percent of markup on selling price, _____ and (c) the percent of markup on cost?
_____
Explanation
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For part (a), you are asked to find the ...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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