What is the dealers original cost
Question:
Jim Abbott purchased a $60,000 RV with a 40 percent markup on selling price. (a) What was the amount of the dealer's markup? (b) What was the dealer's original cost?
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Arley wants a 45% markup on cost and produces 200 cookies. What should Arley price each cookie? Round to the nearest cent.
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(a) What was the amount of the dealer's markup? (b) What was the dealer's original cost?
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