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What is the equivalent rate of markup based on selling price

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Reference no: EM131622475

Question: 1. A stroller is marked up 40% based on selling price. What is the equivalent markup based on cost? Round to the nearest tenth percent.

2. A DVD is marked up 120% of cost. What is the equivalent rate of markup based on selling price? Round to the nearest tenth percent.

Reference no: EM131622475

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