it costs $5,600 to manufacture a Jet Ski. if the desired percent markup based on cost is 48%, how much should each Jet Ski sell for?
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Cost to manufacture = $5,600
Markup % = 48%
Markup price = (48/100) * 5600 = $ 2,688.00
sell price = cost of manufacture + mark up price
= 5600 + 2688 = $8,288.00
The jet ski sells for $8288.
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