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10 March, 16:32

Selling Price $500

Markup percent on cost 40%

Actual Cost?

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Answers (2)
  1. 10 March, 17:09
    0
    500*40%=200 500-200=$300 is the actual cost with the discount
  2. 10 March, 19:12
    0
    40% of $500

    500*.40=200

    500-200=300

    The actual cost would be $300.
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