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Find the rate of markdown

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Reference no: EM132639758

Question 1: A flowerpot is marked up $12, which is 48 percent of the cost.

Find the cost.

Find the selling price.

Question 2: A lamp costs $88. Find the selling price if the markup is 42 percent of the selling price. A room air conditioner that originally sold for $699.99 was reduced to sell for$499.

Find the markdown.

Find the rate of markdown.

Reference no: EM132639758

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