A computer monitor cost Martin's Appliances . This retailer uses a markup on cost for this type of merchandise.
(a) dollar markup $
(b) selling price $
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A computer monitor cost Martin's Appliances $123 . This retailer uses a 46% markup on cost for this type of merchandise.
Let cost = 100 , mark-up = 46, sale price = 146
(a) dollar markup $ = 46/100 *123 = $ 56.58
(b) selling price $ = $123 + $56.58 = $179.58
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