Asked by Mike
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $110 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost."
a.
What is the equivalent rate of percent markup on cost compared to the 30% markup on selling price?
a.
What is the equivalent rate of percent markup on cost compared to the 30% markup on selling price?
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