A store has a markup rate of 60% on the cost of their watches. They sell each

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A store has a markup rate of 60% on the cost of their watches. They sell each watch for $560.:

a. Calculate the amount the store paid for each watch.?(Round to the nearest cent)

b. Calculate the amount of markup on each watch.?(Round to the nearest cent)

Related Book For answer-question

Matching Supply with Demand An Introduction to Operations Management

ISBN: 978-0073525204

3rd edition

Authors: Gerard Cachon, Christian Terwiesch

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Posted Date: Jan 28, 2023 02:17 AM

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A store has a markup rate of 60% on the cost of their watches. They sell each

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ANSWER a Amount the store paid for each watch 35000 b Amount of markup ... View the full answer

Matching Supply with Demand An Introduction to Operations Management

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