Percentage markups on cost

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What percentage markups on cost are equivalent to the following percentage markups on selling price (retail): Discuss importance

20, 37.5, 50, and 66 2/3?

What percentage markups on selling price are equivalent to the following percentage markups on cost: 33 1/3, 20, 40, and 50? Discuss importance.

Reference no: EM1350019

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