math5284 math5284

21-01-2019
Mathematics

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Find the rate of markup if a book cost the retailer 17.50 and sells for $24.95. Round the the nearest tenth if needed

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harpazo harpazo

21-01-2019

Mark up = profit ÷ cost

Let M = mark up

Let p = profit

Let c = cost

M = p/c

Take it from here.

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