Assume that markup is based on selling price. Selling price: $95 Markup percent: 25% Calculate the dollar markup and cost.
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Calculate the dollar markup and cost
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- Hiii, tutor give answerFinancial AccountsAssume that markup is based on cost. Find the dollar markup and percent markup on cost for the following. Note: Round your "Dollar markup" answer to the nearest cent and "Percent markup on cost" to the nearest hundredth percent. Cost 16.40 Selling price 24.60 Dollar markup Percent markup on cost %