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OpenStudy (anonymous):
A dealer bought an antique for $245 and marked it up 4/5 of the cost. What was the markup? what was the selling price?
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OpenStudy (ribhu):
Cost Price = $245 Marked it at 4/5*245 = $196
OpenStudy (ribhu):
markup would be 245-196 = $49 and selling price would be $ 196
OpenStudy (ribhu):
did u get it @katlin95
OpenStudy (anonymous):
yep!!!
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