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OpenStudy (anonymous):
Irma sells boxing gloves in her sporting goods for a 8% markup over the manufacturers cost of $40. what is the selling price of the gloves
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OpenStudy (homeworksucks):
It would be 8% higher, if you set the original price as 1, the selling price would be 100%+8% or 1+0.08. 1.08 times the selling price.
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