Eduardo bought a refrigerator with a sticker price of $2400. If he paid $35 a week for two years, what was the approximate markup rate on the refrigerator?

A. 65.9%

B. 51.7%

C. 34.1%

D. 75.8%

Question

Alfredo Camacho

11 June, 13:57

+4

Answers (1)

Know the Answer?

Dylan Hester · Answer 1

There are 52 weeks a year

In 2 years there are 104 weeks

Total paid

35*104=3,640

markup rate

((3,640-2,400) : 2,400) * 100=51.7%

It's b

Eduardo bought a refrigerator with a sticker price of $2400. If he paid $35 a week for two years, what was the approximate markup rate on the refrigerator?A. 65.9%B. 51.7%C. 34.1%D. 75.8%