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elena-14-01-66 [18.8K]
2 years ago
7

If you receive a 25% MARKUP on an item costing $60.00, how much money do you pay in total?

Mathematics
1 answer:
Alenkinab [10]2 years ago
4 0

Answer:

Money Paid in Total  = $45

Step-by-step explanation:

Firstly, the term Mark-up refers to the amount added to the cost price to cover the overheads and realize a profit.

A mark-up percentage is a percentage (%) that is used as a basis to determine the mark-up value.

Given

Cost of an Item = 60$

Markup % = 25% on cost

Hence, Mark up in $ = 60$*25%

                                   = 15$

Therefore, Actual cost of an item = Cost of an item - Mark up on Item

                                                        = 60$ - 15$

                                                         = 45$

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3 years ago
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In an arithmetic sequence, each term is equal to the previous term plus or minus a constant called the common difference.

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PLEASE HELP
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Hope this helps, I searched it up for you

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Express as a fraction or mixed number 1.5%
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3/2 g.oogle if you want the explanation of your work.

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