A jewlery supply shop buys silver chains from a manufacturer for c dollars each, and then sells the chains at a 57% markup
1 answer:
11. 57% = 0.57
12. retail price = c + (0.57c)
13. retail price = 45 + (0.57 x 45)
retail price = 45 + 25.65
retail price = $70.65
14. 57% was added to the original price of the chain which is $25.65
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