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

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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?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

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

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Question Posted: Feb 26, 2016 03:35 AM

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

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a C 40 of S S 8400 04 S S 84...View the full answer

Contemporary Business Mathematics with Canadian Applications

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