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A floor lamp is marked up $25 with a 40% markup rate based on the selling price. What is the cost?
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A floor lamp is marked up $25 with a 40% markup rate based on the selling price. What is the cost?

User Jnforja
by
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1 Answer

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Answer:

Markup formula.

Cost $25

Markup 40%

Revenue$35

Profit $10

User Daxgirl
by
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