The rate of mark-up on the cost of a badminton racquet selling at $54.95 is 45%.
a) What was the cost of the raquet to the retailer?
b) What is the rate of mark-up based on selling price?

Question

Quizplus · Accepted Answer

The Answer of The rate of mark-up on the cost of a badminton racquet selling at $54.95 is 45%.
a) What was the cost of the raquet to the retailer?
b) What is the rate of mark-up based on selling price?

The Rate of Mark-Up on the Cost of a Badminton