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24-11-2020
Mathematics

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The wholesale price of a jacket is $72. If the jacket is sold in a department store for a retail price of $86.40, what is the percent markup?

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nzwoodbridge nzwoodbridge

24-11-2020

Answer:

20%

Step-by-step explanation:

Subtract the selling price from the wholesale price.

86.40-72.00=14.4

Find the percentage of the difference from the wholesale price.

14.4/72.0=0.2

This means 20%.

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