Question: Working off an 17% margin, with markups based on cost, the Food Co-op Club boasts that it has 6,400 members and a 270% increase in
Working off an 17% margin, with markups based on cost, the Food Co-op Club boasts that it has 6,400 members and a 270% increase in sales. The markup is 54% based on cost. What would be its percent markup if selling price were the base? (Round your answer to the nearest hundredth percent.)
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