A car accessory is sold for $41.33. The store's markup based on cost is 46%. (a) What is the cost of the car accessory? (b) What is the rate of markup based on selling price? (a) The cost of the car accessory is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The rate of markup based on selling price is%. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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A car accessory is sold for $41.33. The store's markup based on cost is 46%.
(a) What is the cost of the car accessory?
(b) What is the rate of markup based on selling price?
(a) The cost of the car accessory is $.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
(b) The rate of markup based on selling price is%.
(Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)
Transcribed Image Text:A car accessory is sold for $41.33. The store's markup based on cost is 46%. (a) What is the cost of the car accessory? (b) What is the rate of markup based on selling price? (a) The cost of the car accessory is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The rate of markup based on selling price is%. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)
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