Sommerhill Sports buys a child's baseball glove for $24.99 and sells it for $49.98. a. What is

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Sommerhill Sports buys a child's baseball glove for $24.99 and sells it for $49.98.

a. What is the rate of markup on cost?

b. What is the rate of markup on selling price?

c. If the glove is reduced to $24.99 in a fall sale, what is the rate of markdown?

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