Date: $2023-10-27$
Official Time: $16: 32: 19$

Question 5 [12 points]
Enter the 4 missing pieces of information. For full marks your dollar answer(s) should be rounded to the nearest cent and your percent answer(s) should be accu
\begin{tabular}{|c|c|c|c|c|c|c|}
\hline Cost & \begin{tabular}{l}
Markup on cost \\
percentage
\end{tabular} & \begin{tabular}{l}
Markup on selling price \\
percentage
\end{tabular} & \begin{tabular}{l}
Selling \\
price
\end{tabular} & Markdown & \begin{tabular}{l}
Rate of \\
markdown
\end{tabular} & \begin{tabular}{l}
Sale \\
price
\end{tabular} \\
\hline$\$ 1,325.67$ & $0.00 \%$ & $0.00 \%$ & $\$ 1,466.34$ & 0.00 & $0.00 \%$ & $\$ 789.89$ \\
\hline
\end{tabular}

SUBMIT AND MARK

Step 1 ：The question is asking for the missing values in the table. The table represents a scenario where an item is sold. The cost is the initial cost of the item, the markup on cost percentage is the percentage increase from the cost to the selling price, the markup on selling price percentage is the percentage increase from the selling price to the final price, the selling price is the final price before any markdowns, the markdown is the amount the price is reduced by, the rate of markdown is the percentage that the price is reduced by, and the sale price is the final price after the markdown.

Step 2 ：The first row of the table is filled out, but it doesn't make sense. The cost is $1,325.67, the markup on cost percentage is 0.00%, the markup on selling price percentage is 0.00%, the selling price is $1,466.34, the markdown is 0.00, the rate of markdown is 0.00%, and the sale price is $789.89.

Step 3 ：The selling price should be equal to the cost if the markup on cost percentage is 0.00%, but it's not. The sale price should be equal to the selling price if the markdown is 0.00, but it's not.

Step 4 ：I think there might be a mistake in the question. The values in the table don't match up with the definitions of the terms.

Step 5 ：I will try to calculate the correct values for the markup on cost percentage, the markup on selling price percentage, the markdown, and the rate of markdown based on the given cost, selling price, and sale price.

Step 6 ：The calculated values for the markup on cost percentage, the markup on selling price percentage, the markdown, and the rate of markdown are approximately 10.61%, 9.59%, $676.45, and 46.13% respectively. These values make sense given the definitions of the terms and the given cost, selling price, and sale price.

Step 7 ：Final Answer: The missing pieces of information are approximately: Markup on cost percentage: \(\boxed{10.61\%}\), Markup on selling price percentage: \(\boxed{9.59\%}\), Markdown: \(\boxed{\$676.45}\), Rate of markdown: \(\boxed{46.13\%}\)