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Ede4ka [16]
3 years ago
15

A store buys an item for $50 and marks it up 100%. What is the price?

Mathematics
2 answers:
Alecsey [184]3 years ago
7 0

<u>Answer</u>

     = $100


<u>Explanation</u>

Profit =  selling price  -  buying price

percentage profit = profit/buying price × 100%

100% = profit /$50

Profit = 100% × $50

           = 100/100 × $50

             = 1 × $50

              = $50

Selling price = buying price + profit

                     = $50 + $50

                     = $100

Nookie1986 [14]3 years ago
6 0
$100 

100% would be doubling it.
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