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Zugg, Ltd. plans to mark up a folio $75 over cost. This will be a 37% markup based on cost. Find the cost and selling

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Zugg, Ltd. plans to mark up a folio $75 over cost. This will be a 37% markup based on cost. Find the cost and selling price of the folio and the rate of the selling price. The cost is $ (Round to the nearest cent as needed.) The selling price is $277.70. (Round to the nearest cent as needed.) The rate of the selling price is %

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