"Math"

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Burley Sports retails regualr helmets for \$80. Burley obtains thises from the factory at \$55. Overhead expenses are 20% of the selling price.
a) the amount of the mark-up
b) the rate of mark-up based on cost
c) the rate of mark-up based on selling price
d) the profit for each helmet

• Math -

a)
\$80 - 55 = \$25 >> amount of mark-up.

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