Just Desserts buys cheesecakes from General Bakeries at $33.60 per cheesecake. It then cuts each cheesecake into 16 slices and sells them to customers at $6.50 per slice. Calculate the rate of mark-up on cost and the rate of mark-up on selling price.

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The Answer of Just Desserts buys cheesecakes from General Bakeries at $33.60 per cheesecake. It then cuts each cheesecake into 16 slices and sells them to customers at $6.50 per slice. Calculate the rate of mark-up on cost and the rate of mark-up on selling price.

Just Desserts Buys Cheesecakes from General Bakeries at $33