The cost of the Good Son Stroller to the retailer is $245.  If the retailer wants a rate of mark up on selling price of 30%, determine the amount of the mark up and the selling price.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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  • The cost of the Good Son Stroller to the retailer is $245.  If the retailer wants a rate of mark up on selling price of 30%, determine the amount of the mark up and the selling price.
  •   The Great Outdoors Tent can be purchased from a wholesaler for $58 less discounts of 30% and 7%.  The selling price will be the MSRP of $58. If overhead expenses are 25% of the selling price, find the rates of mark up on cost and on selling price? 
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1. The Great Outdoors Tent can be purchased from a wholesaler for $58 less discounts of 30% and 7%.  The selling price will be the MSRP of $58. If overhead expenses are 25% of the selling price, find the rates of mark up on cost and on selling price? 

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