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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 -

    I'll get you started. Then we'll be glad to check your other answers.

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

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