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| Math Central | Quandaries & Queries |
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Question from Julie: What would the cost of an item be, if the sell price was $\$50$ and the markup 48% |
Hi Julie,
Suppose you knew the price and it was $\$X$ and you also knew the markup to be 48%. Using a price of $\$X$ and a markup os 48% how would you calculate the selling price? But the selling price is $\$50$ so you have an equation. Solve for $X.$
Write back if you need more assistance,
Penny
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