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What is the rate of markup based on suggested retail price

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Reference no: EM131622426

Question: 1. A textbook costs $58 and sells for $70. Find the rate of markup based on the selling price. Round to the nearest tenth percent.

2. The manufacturer's suggested retail price for a refrigerator is $1,499 and it costs $385. What is the rate of markup based on the suggested retail price?

Reference no: EM131622426

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