Mathematics, 12.09.2021 14:00 jazzytazzyyy

19. Markup Solve for r in the formula M = L + rL where M is the markup price, L is the list price, and r is the discount rate.
a. An item with a list price of $63.80 is marked up to $121.80. Find the discount
rate. Round your answer to the nearest whole percent.
b. An item with a list price of $65 is marked up to $146.25. Find the discount rate.

19. Markup Solve for r in the formula M = L + rL where M is the markup price, L is

the list price

Answers: 1

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19. Markup Solve for r in the formula M = L + rL where M is the markup price, L is the list price,...