A patio set cost a retailer $695.00 less 25,%, 18%, 8%. Markup is 48% of the regular selling price. During the end-of-season sale, the patio set is marked down 17% (a) What is the end-of-season sale price? (b) What rate of markup based on cost will be realized during the sale?

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ISBN:9780470458365
Author:Erwin Kreyszig
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A patio set cost a retailer $695.00 less 25,%, 18%, 8%. Markup is 48% of the regular selling price. During the end-of-season sale,
the patio set is marked down 17%.
(a) What is the end-of-season sale price?
(b) What rate of markup based on cost will be realized during the sale?
(a) The end-of-season sale price of the patio set is $ 393.23
(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 cost is
%.
(Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)
Enter your answer in each of the answer boxes.
ConuriahE 071 Desren Ednestinn In All elakte rarard
Transcribed Image Text:A patio set cost a retailer $695.00 less 25,%, 18%, 8%. Markup is 48% of the regular selling price. During the end-of-season sale, the patio set is marked down 17%. (a) What is the end-of-season sale price? (b) What rate of markup based on cost will be realized during the sale? (a) The end-of-season sale price of the patio set is $ 393.23 (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 cost is %. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.) Enter your answer in each of the answer boxes. ConuriahE 071 Desren Ednestinn In All elakte rarard
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