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A retail store marks up its OTC (over-the-counter) merchandise 50% based on acquisition cost. What's the retail price of an item that costs $2?

A retail store marks up its OTC (over-the-counter) merchandise 50% based on acquisition cost. What's the retail price of an item that costs $2?
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A retail store marks up its OTC (over-the-counter) merchandise 50% based on acquisition cost. What's the retail price of an item that costs $2?

User Nitin Joshi
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1 Answer

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divide 2$ by .50% and that is the retail price
User Jonathan Mayer
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