klogan429
klogan429 klogan429
  • 10-03-2021
  • Mathematics
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The Retail Shoppe purchases an item for $40. They sell it at a 25% markup. For how much money does the Retail Shoppe charge for the item?

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businessemailnaybe businessemailnaybe
  • 10-03-2021
25% of 40 is 10 so it would be $40+10 for the price so that should be 50. Markup=profit/cost*100
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