Question: Solve the following problems using the markup and markdown variables 1. A water closet sold for 10,700. The markup on it was 31.5%. What was

Solve the following problems using the markup and markdown variables 1. A water closet sold for 10,700. The markup on it was 31.5%. What was it cost? 2. Find the markdown and the sale price on a top down owner jeep that has a regular price of 65,000 and is on sale for 30% off regular price. 3. A wall frame costs 350.75 and sells for 500. What is the percentage of markup based on selling price? 4 XXZ Construction pays 50,000 for a 50ft of a ready mix concrete for a certain slab. If the mark-up rate is 15% of the cost, find the selling price

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