Question: For the given cost = $148 and markup = $52, complete the following parts. a. Find the rate of markup based on cost. b.

For the given cost = $148 and markup = $52, complete the

For the given cost = $148 and markup = $52, complete the following parts. a. Find the rate of markup based on cost. b. Find the selling price. a. The rate of markup based on cost is %. (Round to the nearest tenth as needed.) b. The selling price is (Simplify your answer.)

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