2. An automobile GPS system is sold to stores at a wholesale price of $97. A popular store sells them for $179.99. What is the store's markup? 3. A CD storage rack is sold to stores at a wholesale price of $18. a. If a store has a $13 markup, what is the retail price of the CD rack? b. Find the percent increase of the markup to the nearest percent. 4. A bicycle sells for a retail price of b dollars from an online store. The wholesale price of the bicycle is w. a. Express the markup algebraically. b. Express the percent increase of the markup algebraically. po biſt

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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2. An automobile GPS system is sold to stores at a wholesale price of
$97. A popular store sells them for $179.99. What is the store's
markup?
3. A CD storage rack is sold to stores at a wholesale price of $18.
a. If a store has a $13 markup, what is the retail price of the CD rack?
b. Find the percent increase of the markup to the nearest percent.
4. A bicycle sells for a retail price of b dollars from an online store. The
wholesale price of the bicycle is w.
a. Express the markup algebraically.
b. Express the percent increase of the markup algebraically. pobiji bai
Transcribed Image Text:2. An automobile GPS system is sold to stores at a wholesale price of $97. A popular store sells them for $179.99. What is the store's markup? 3. A CD storage rack is sold to stores at a wholesale price of $18. a. If a store has a $13 markup, what is the retail price of the CD rack? b. Find the percent increase of the markup to the nearest percent. 4. A bicycle sells for a retail price of b dollars from an online store. The wholesale price of the bicycle is w. a. Express the markup algebraically. b. Express the percent increase of the markup algebraically. pobiji bai
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