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A clothing store put a sales price of $48 on a purse. Before the markup, the store paid $40 for the purse. What percent markup did the store put on the purse?

A clothing store put a sales price of $48 on a purse. Before the markup, the store paid $40 for the purse. What percent markup did the store put on the purse?
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A clothing store put a sales price of $48 on a purse. Before the markup, the store paid $40 for the purse. What percent markup did the store put on the purse?

User Mkgrunder
by
8.1k points

1 Answer

1 vote

Answer:

20% mark up

Explanation:

[(48-40)/40]×100%= 20%

User Bardy
by
8.6k points
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