Question
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $100 for a comforter. Misu Sheet wants to advertise the
| Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $100 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 37% markup on selling price?(Round your answer to the nearest hundredth percent.)
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Handbook Of Heavy Tailed Distributions In Finance
Authors: S.T Rachev
1st Edition
0444508961, 9780444508966
