## Answers

Lucky purchased a phone for $227 and sellit for $261 Cost price - 227 $ 67 selling Price = = 261 Profit= 261-227 Profit $ 34 a) Calculate sute of markup on cost rate of X loo Profit markup on Cost = cost 14.97794. 34 Хоо 227 14.98. b) maok up on selling price = Xloo Profit selling Price 34 Xloo 261 13.031/

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