Question: ch 8 14. Solve the following word problem. Round dollars to the nearest cent and percents to the nearest tenth of a percent. A distributor

ch 8

14. Solve the following word problem. Round dollars to the nearest cent and percents to the nearest tenth of a percent.

A distributor purchases zero-turn mowers at a cost of $6,370 and sells them for $8,410.

a. What is the amount of the markup?

$

b. What is the percent markup based on selling price? Do not enter the percent symbol in your answer.

%

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