Undergraduate

Calculate percentages to the nearest 0 . 1 % . A retailer obtains a product at a unit cost of $ 5 1 . 3

Calculate percentages to the nearest 0.1%.
A retailer obtains a product at a unit cost of $51.30 and sells it for $79.90. Determine:
a. The rate of markup on cost.(Round your answer to one decimal place.)
Rate %
b. The rate of markup on selling price. (Round your answer to one decimal place.)
Rate
1%

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