Question
A jewelry store purchased 100 fashion watches for $2,000. If the store sold 50 watches at $40, 40 watches at $36, and the rest
A jewelry store purchased 100 fashion watches for $2,000. If the store sold 50 watches at $40, 40 watches at $36, and the rest at $20, find the total markup, the markup percent on selling price, and the equivalent markup percent on cost. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent.
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