For the given cost $$ =\$ 111 $$ and markup $$ =\$ 39 $$, complete the following parts. a. Find the rate of markup based on cost. b. Find the selling price. a. The rate of markup based on cost is $$ \square \% $$. (Round to the nearest tenth as needed.) b. The selling price is $$ \$ \square $$. (Simplify your answer.)

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1. Calculate the rate of markup based on cost.

- The rate of markup is given by
     $$
     \text{Rate of Markup} = \frac{\text{Markup}}{\text{Cost}} \times 100
     $$
   - Substitute the given values:
     $$
     \text{Rate of Markup} = \frac{39}{111} \times 100
     $$
   - Compute the fraction:
     $$
     \frac{39}{111} \approx 0.3514
     $$
   - Multiply by 100:
     $$
     0.3514 \times 100 \approx 35.1\%
     $$

2. Calculate the selling price.

- The selling price is the sum of the cost and the markup:
     $$
     \text{Selling Price} = 111 + 39 = 150
     $$

Answers:  
a. The rate of markup based on cost is $$35.1\%$$.  
b. The selling price is $$\$150$$.
a. The rate of markup based on cost is $$35.1\%$$. b. The selling price is \$150.

For the given cost and markup , complete the following parts.
a. Find the rate of markup based on cost.
b. Find the selling price.
a. The rate of markup based on cost is . (Round to the nearest tenth as needed.)
b. The selling price is . (Simplify your answer.)

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For the given cost and markup , complete the following parts. a. Find the rate of markup based on cost. b. Find the selling price. a. The rate of markup based on cost is . (Round to the nearest tenth as needed.) b. The selling price is . (Simplify your answer.)