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Mathematics 8 Online
OpenStudy (anonymous):

At the outdoor market, Craig Wang sells string beans for $1.99 a pound. The beans cost $0.89 a pound to grow. What is the markup rate based on cost, to the nearest tenth of a percent?

OpenStudy (anonymous):

Im not for sure but i think the answer is 0.90% markup

OpenStudy (anonymous):

Its not. :/

OpenStudy (mathstudent55):

\(percent ~markup = \dfrac{selling~price - buying~cost}{buying~cost} \times 100\%\)

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