# The Leather Factory buys bags for $84 and marks them up at 40% of selling price (a) What is the selling price of the bags? (b) What is the rate of markup based on cost?

The Leather Factory buys bags for $84 and marks them up at 40% of selling price

(a) What is the selling price of the bags?

(b) What is the rate of markup based on cost?

(a) What is the selling price of the bags?

(b) What is the rate of markup based on cost?

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**Related Book For**

## Contemporary Business Mathematics with Canadian Applications

**ISBN:** 978-0133052312

10th edition

**Authors:** S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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