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A store makes a profit of $8 on a sweater after a markup of 40%. What is the selling price of the sweater?

Respuesta :

pj1345
Use ratios: [tex] \frac{40}{100} [/tex] = [tex] \frac{8}{7} [/tex]

Since 40/8=5, then you do the same on the bottom. 100/5=20, so the sweater was originally $20.

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