A wallet is marked up $18, which is a 40% markup based on cost. What is the cost of the wallet and the selling price of the wallet? The cost is $ (Simplify your answer. Type an integer or decimal rounded to the nearest hundredth as needed.) The selling price is $ (Simplify your answer. Type an integer or decimal rounded to the nearest hundredth as needed) Selling price $1,980; cost $767 Find the rate of markup based on the selling price. Round to the nearest tenth of a percent. The rate of markup is % (Type an integer or decimal rounded to the nearest tenth as needed.) An item has a 35% markup based on selling price. The markup is $100. a. Find the selling price. b. Find the cost. Round to the nearest cent. a. The selling price is S (Round to the nearest cent as needed.) b. The cost is $ A recliner chair that sells for $1,508 is marked up 55% of the selling price. a. What is the markup? b. What is the cost? a. The markup is $ (Round to the nearest cent as needed.) b. The cost is $ (Round to the nearest cent as needed.)