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Calculate the selling price based on cost

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Brownsville, Texas, boasts being the southernmost international seaport and the largest city in the lower Rio Grande Valley. Ben Supple, an importer in Brownsville, has just received a shipment of Peruvian opals that he is pricing for sale. He paid $150 for the shipment. If he wants a 75% markup, calculate the selling price based on selling price. Then calculate the selling price based on cost.

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Cost Accounting: Calculate the selling price based on cost

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