Ace of Diamonds purchased 64 diamond bracelets at $245 each and the regular selling price was $350. The store sold 50.00% of them at the regular selling price. During a sale, it sold another 25 of them at a markdown of 20.00%. The remaining units were sold at an additional markdown of 10.00%. Determine the net rate of markup based on total cost. 30.13 % Round to two decimal places

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Ace of Diamonds purchased 64 diamond bracelets at $245 each and the regular selling
price was $350. The store sold 50.00% of them at the regular selling price. During a
sale, it sold another 25 of them at a markdown of 20.00%. The remaining units were
sold at an additional markdown of 10.00%. Determine the net rate of markup based on
total cost.
30.13 %
Round to two decimal places
SA
%23
Chp
%23
Transcribed Image Text:Ace of Diamonds purchased 64 diamond bracelets at $245 each and the regular selling price was $350. The store sold 50.00% of them at the regular selling price. During a sale, it sold another 25 of them at a markdown of 20.00%. The remaining units were sold at an additional markdown of 10.00%. Determine the net rate of markup based on total cost. 30.13 % Round to two decimal places SA %23 Chp %23
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