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09-12-2020
Mathematics

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A business bought 500 lamps for $10,000. They want to mark them up 25%. What is the retail price of each lamp?

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09-12-2020

Answer:

$25 a lamp

Step-by-step explanation:

First divide $10,000 by 500 lamps to find how much one of them cost

That is $20 a lamp so then multiply .25 *20 or 1/4 *20

you get 5 than add 20 +5=25

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