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5 votes
A textbook costs $58 and sells for $70. Find the rate of markup based on the selling price.

User Shambho
by
5.8k points

1 Answer

3 votes
58r=70

r=35/29

r≈1.2069

So the rate was about 1.21 or if you prefer about 20.7%
User Santiago Benoit
by
6.8k points
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