Find the missing quantities by first computing the markup on one base and then computing the markup on the other. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent.
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A) Markup = $2.36
Selling price = $4.07
% Markup on cost = 36.7%
B) Markup = $2.36
Selling price = $8.79
% Markup on cost = 26.8%
C) Markup = $3.72
Selling price = $2.71
% Markup on cost = 57.8%
D) Markup = $3.73
Selling price = $10.15
% Markup on cost = 57.8%
Correct Answer:
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