An electronics store purchases laptops for $425.00. They use a markup rate of 60%. How much do they sell the laptop to their customers?

Abhijeet asked Jan 7, 2023

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Abhijeet asked Jan 7, 2023

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Given that An electronics store purchases laptops for $425.00.

markup rate of 60%.

Selling price is:

$\begin{gathered} SP=425+(0.60)425 \\ Sp=425+255 \\ SP=680 \end{gathered}$

they sell the laptop to their customers at $680.

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