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27 November, 17:00

What is the selling price of an item if the original cost is $784.50 and the markup on the item is 6.5 percent?

selling price = original cost + markup value

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  1. 27 November, 18:12
    0
    835.49

    Step-by-step explanation:

    selling price = original cost + markup value

    We need to find the markup

    markup = original cost * markup percent

    = $784.50 * 6.5%

    = $784.50 *.06.5

    =50.9925

    Rounding to the nearest cent

    =50.99

    selling price = original cost + markup value

    =784.50+50.99

    835.49
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