The cost of a frying pan set is $15.50. The rate of markup based on cost is

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The cost of a frying pan set is $15.50. The rate of markup based on cost is 25%. During a sale, the set was marked down by 10%. Calculate the following:

a. Selling price

b. Sale price

c. Amount of markup on sale price AppendixLO1

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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