The cost of stereo equipment is $72.50 each. The rate of markup based on selling price is

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The cost of stereo equipment is $72.50 each. The rate of markup based on selling price is 60%. During a sale, the equipment was marked down by 25%. Calculate the following:

a. Selling price

b. Amount of markup C. Amount of markdown

d. Sale price

e. 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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