The expression equivalent to 1/36 are :-
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Answer:
39%
Step-by-step explanation:
Let's find the answer by using the following formula:
selling price=(paid price)+((paid price)*(percent markup)) which can be written as:
percent markup=((selling price)-(paid price))/(paid price)
percent markup=(27.80-20)/20
percent markup=0.39=39%
In conclusion, the percent markup is 39%.
