a sterro system cost national discount appliance stores $140. this retailer uses a 29% markup on cost for this type of merchandise.
calculate the following:
selling price: $
The markup is 29% on cost; the selling price will be 140 x 1.29 = 180.60
The dollar markup will be 180.60 (selling price) less 140 (cost) = 40.60.
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