A store sells humidifiers for $67.50 each. The store's operating expenses are 40% on cost and the
Question:
A store sells humidifiers for $67.50 each. The store's operating expenses are 40% on cost and the operating profit is 20% on selling price.
a. Calculate the cost of a humidifier.
b. Calculate the rate of markup on cost.
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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