An electrical switch has a cost of 12150 and a selling, Operation Management

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An electrical switch has a cost of 12150 and a selling

An electrical switch has a cost of $121.50 and a selling price of $181.99.

a. What is the amount of markup on the switch?

b. What is the percent markup based on cost? (Round your final answer to the nearest tenth.)

c. What is the corresponding percent markup based on selling price? (Round your final answer to the nearest tenth.)

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Operation Management: An electrical switch has a cost of 12150 and a selling

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