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23 February, 20:48

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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  1. 24 February, 00:45
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    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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