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Differential Equations
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If a furniture store buys a coffee table from a manufacturer for $120 and sells it at a 100% markup, what is the selling price of the coffee table?
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100% markup means they add 100% of the original price to the sell price. 100% = 1.00 in decimal, so this is saying: \[Sell\ Price = ($120 + 1.00*$120)\]
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