Find the missing quantities by first computing the markup on one base and then computing the markup on the other. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent.
A. Cost = $53.02
Selling price = $144.91
% Markup on selling price = 63.4%
B. Cost = $53.02
Selling price = $144.91
% Markup on selling price = 36.6%
C. Cost = $159.25
Selling price = $251.14
% Markup on selling price = 36.6%
D. Cost = $159.18
Selling price = $251.07
% Markup on selling price = 63.4%
Answer: C
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