A can of tennis balls has a 75% markup rate based on cost. Mel's Sporting Goods sells a can of tennis balls for $3.49. What is the cost to the nearest cent?

🎲 Try a Random Question  |  Total Questions in Quiz: 388  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Business Math Test — practice the complete quiz, review flashcards, or try a random question.


1. A can of tennis balls has a 75% markup rate based on cost. Mel's Sporting Goods sells a can of tennis balls for $3.49. What is the cost to the nearest cent?