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Summerplace, an amusement park, sells purified water in plastic bottles to guests for $1.10 each. The park purchases the drinks for $0.22 each. What is the markup rate based on cost?

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1. Summerplace, an amusement park, sells purified water in plastic bottles to guests for $1.10 each. The park purchases the drinks for $0.22 each. What is the markup rate based on cost?





 
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