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Colleen and Kathy each have their own computer companies. Colleen works with her markup based on cost, and Kathy bases all her calculations on selling
Colleen and Kathy each have their own computer companies. Colleen works with her markup based on cost, and Kathy bases all her calculations on selling price. If Colleen works at a 25% markup based on cost, and Kathy's rate of markup based on selling price is 18%, determine who has the higher markup.
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