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Economics - Financial Markets 19 Online
OpenStudy (anonymous):

Find the markup and the selling price of the following item. Round answers to the nearest cent. A chemistry set costing $38.50, marked up 32% on cost.

OpenStudy (anonymous):

You need to calculate 32% of the cost. So just take the mark up (in decimal form) and multiply times the original cost. Then add your answer back to cost.

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