Find the rate of markup on cost

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Problem A) Write short note with one word or one sentence for the following - Markup, Selling price, Value added tax, and Find the selling price of an item that costs RO 156, if the markup is 40% on the cost?

Problem B) If a product that costs RO 270 is sold for RO 360, find The rate of markup on cost & The rate of markup on selling price.

Reference no: EM132723244

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