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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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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