Question: Assume that markup is based on cost. Find the dollar markup and percent markup on cost for the following. (Round your Dollar markup answer to

Assume that markup is based on cost. Find the dollar markup and percent markup on cost for the following. (Round your "Dollar markup" answer to the nearest cent and "Percent markup on cost" to the nearest hundredth percent.)

Cost: $17.10

Selling Price: $26.00

Dollar mark up: $_____

Percent mark up on cost: _____ %

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