A mobile phone that sells for RM1,499 is marked up 30% of the selling price. (a)...
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A mobile phone that sells for RM1,499 is marked up 30% of the selling price. (a) Calculate the cost. (b) Determine the percent of markup based on cost. A mobile phone that sells for RM1,499 is marked up 30% of the selling price. (a) Calculate the cost. (b) Determine the percent of markup based on cost.
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a To calculate the cost we need to find the original price before the markup We know tha... View the full answer
Related Book For
Entrepreneurial Finance
ISBN: 978-1305968356
6th edition
Authors: J. Chris Leach, Ronald W. Melicher
Posted Date:
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