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Examine rate of markup based on the selling price

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Reference no: EM131622420

Question: 1. AutoZone purchases tire cleaner for $0.84 and sells it for $2.39. What is the rate of markup based on the selling price? Round to the nearest tenth percent.

2. Federated Department Stores purchased men's shoes for $132 and sells them for $229. What is the rate of markup based on selling price? Round to the nearest cent.

Reference no: EM131622420

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