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Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $135 for a comforter. Misu Sheet wants to advertise the

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Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $135 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 20% markup on selling price? (Round your answer to the nearest hundredth percent.) Rate of percent % b. Is this a wise marketing decision? Yes No UN DELS

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