Find the rate of markup based on cost

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Question: 1. Find the rate of markup based on cost and based on selling price of a blanket that costs $12.50 and sells for $38. Round to the nearest tenth percent.

2. Find the rate of markup based on cost and based on selling price of a copy machine that costs $12,500 and sells for $18,900. Round to the nearest tenth of a percent.

Reference no: EM131622390

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