Question: Old Towne Hardware pays $12.15 for light bulbs that have a 35,000-hour life. The bulbs sell for $29.99. What is the percent of markup based

Old Towne Hardware pays $12.15 for light bulbs that have a 35,000-hour life. The bulbs sell for $29.99. What is the percent of markup based on cost? Round to the nearest tenth of a percent.

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