Question: Exercise 3.8.30. [S][W][Section 3.3] [Goal 3.3 ][Goal 3.6 ] Measuring markups. The standard markup in the book industry is 50%: the retail price of a

Exercise 3.8.30. [S][W][Section 3.3] [Goal 3.3 ][Goal 3.6 ] Measuring markups. The standard markup in the book industry is 50%: the retail price of a book is one and one half times the wholesale price. (a) What percentage of the retail price of a book is the bookstore's markup?3.8. Exercises 83 (b) The New England Mobile Book Fair advertises its bestsellers as "30% off retail." What is their markup on bestsellers, as a percentage of the wholesale price? (c) Answer the previous question if the Book Fair discounts bestsellers by 40%. Would they ever do that

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