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Mathematics 8 Online
OpenStudy (anonymous):

cost of sled:99.50 markup:95% what is the selling price?

OpenStudy (mathmale):

The selling price will be 95% more than the cost of the sled. Therefore, the selling price will be (cost of sled) + 0.95(cost of sled). Selling price = ?

OpenStudy (anonymous):

step by step plz

OpenStudy (anonymous):

dont get it. can explain step by step please!

OpenStudy (studygurl14):

cost of sled = 99.50 markup, means what @mathmale said. (99.50) + (.95)(99.50) = selling price since 95% = 0.95

OpenStudy (mathmale):

Henna: mind looking up "markup"? The store selling this item wants to make a big profit, right? So, it buys the sled for $99.50, adds a markup of 95%, or 0.95*$99.50, so that the selling price is $99.50 + 0.95*$99.50 = ? Please finish these two calculations (one multiplication and one division).

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