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il63 [147K]
3 years ago
15

If a store uses a selling price-based markup of 40% and an item costs the store $300, what selling price would the store set for

the item?
Mathematics
1 answer:
skelet666 [1.2K]3 years ago
8 0
The store sells a product for 40% more than the what they buy it for.
40% is 0.40 in decimal because all percents are out of 100 (divide by 100)
300×(1+0.40)=$420
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