A car accessory is sold for ​$45.65. The​ store's markup based on cost is 24​%. ​(a) What is the cost of the car​ accessory? ​(b) What is the rate of markup based on selling​ price?

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Chapter3: Math Models
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Problem 430PT: Melinda deposited $5,985 in a bank account with an interest rate of 1.9%. How much interest was...
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A car accessory is sold for ​$45.65. The​ store's markup based on cost is 24​%.
​(a) What is the cost of the car​ accessory?
​(b) What is the rate of markup based on selling​ price?
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