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Oksi-84 [34.3K]
3 years ago
15

If the markup formula is 40 percent of cost and the selling price of an item is $49.99, what is the cost ?

Mathematics
1 answer:
nordsb [41]3 years ago
7 0

40% is 0.40

(1.40)x=49.99
x=49.99/1.4
x=35.71

 cost = $35.71

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