A college bookstore purchased 150 financial calculators at $22.50. The store expects to sell 72 units at

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A college bookstore purchased 150 financial calculators at $22.50. The store expects to sell 72 units at the regular price of $40, another 45 units after a markdown of 15%, and the remaining units at cost. Calculate the net rate of markup based on total sales.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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