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The cost of one wheelbarrow is R 3 2 5 . 7 5 and the markup is 1 7 . 5 % Required [ 4

The cost of one wheelbarrow is R325.75 and the markup is 17.5%
Required
[4]
a) Calculate the selling price.
b) Explain the difference between the markup percentage and the margin
[2]
percentage.
2. Jane purchased a laptop and afterwards sold it to Mary for R7500 and realized a margin of 16%. Mary sold the laptop to Lebo and realized a markup of 7%.
\table[[Required,],[a),Calculate the amount Jane paid for the laptop.,3
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