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Acme Shoes marked up a pair of shoes from the $43.00 cost to $75.00. What is the rate of mark-up on cost?
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Acme Shoes marked up a pair of shoes from the $43.00 cost to $75.00. What is the rate of mark-up on cost?
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Jan 16, 2024
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Acme Shoes marked up a pair of shoes from the $43.00 cost to $75.00. What is the rate of mark-up on cost?
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Jacob Fike
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Let x be the % of markup
Markup amount 75-43 = 32
Markup will be 32/43 = 0.74418
74.4%
Or
43 + 43(x/100)=75
43x/100 = 32
43x = 3200
x = 74.4
Scord
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Jan 21, 2024
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