Business, 13.07.2019 03:00 angelgarcia12379
Calloway department store buys jackets for $19.75 each and sells them for $37.88 each. what is the markup rate based on cost?
Answers: 1
![Markup rate =[\frac{Selling Price - Cost}{Cost}] * 100](/tpl/images/0083/2573/9df25.png)
![Markup rate = [\frac{37.88-19.75}{19.75}] *100](/tpl/images/0083/2573/e2f00.png)
![Markup rate = [\frac{18.13}{19.75}] *100](/tpl/images/0083/2573/77035.png)
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Calloway department store buys jackets for $19.75 each and sells them for $37.88 each. what is the m...
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