At Town Lighting, a light fixture is sold at a price of $382.20, including a markup of

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At Town Lighting, a light fixture is sold at a price of $382.20, including a markup of 40% of cost.
(a) What is the cost of the item?
(b) What is the rate of markup based on the selling price?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Sep 21, 2024 05:19 AM

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At Town Lighting, a light fixture is sold at a price of $382.20, including a markup of 40% of cost. (a) What is the cost of the item? (b) What is the rate of markup based on the selling price?
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At Town Lighting, a light fixture is sold at a price of $382.20, including a markup of

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a S C M S C 04C 14C 38220 14C C 382...View the full answer

Contemporary Business Mathematics with Canadian Applications

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