Answer:
Explanation:
12 Cost(1.779) = 74.11
Cost = 74.11 / 1.779
Cost = $41.66
Markup = 41.66(0.779) = $32.45
or
Markup = 74.11 - 41.66 = $32.45
13
Discount = 50.99 - 35.99 = $15.00
Discount rate = 15.00 / 50.99 = 29.4%
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