What is the rate of markdown based on the selling price of


Question: 1. What is the rate of markdown based on the selling price of a scanner that sells for $498 and is marked down $142? Round to the nearest tenth percent.

2. A wallet costs $16.05 to produce. The wallet sells for $25.68. What is the rate of markup based on the cost?

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Mathematics: What is the rate of markdown based on the selling price of
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