Four-packs of energy drinks are purchased for $3.24. The stores markup based on selling price is 16 2/3%. (a) What is the cost of the four-packs? (b) What is the rate of markup based on cost?

Four-packs of energy drinks are purchased for $3.24. The store’s markup based on selling price is 16 2/3%.
(a) What is the cost of the four-packs?
(b) What is the rate of markup based on cost?

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Related Book For answer-question

Contemporary Business Mathematics with Canadian Applications

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

ISBN: 978-0133052312