A retailer obtains a product at a unit cost of $51.30 and sells it for $79.90. Determine: a. The rate of markup on cost b. The rate of markup on selling price

Name: A retailer obtains a product at a unit cost of $51.30 and sells it for $79.90. Determine: a. The rate of markup on cost b. The rate of markup on selling price
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The Answer of A retailer obtains a product at a unit cost of $51.30 and sells it for $79.90. Determine: a. The rate of markup on cost b. The rate of markup on selling price

A Retailer Obtains a Product at a Unit Cost of $51.30