SOLUTION: A retailer sells a set of measuring cups for $2.50 after adding .50 cents to the original cost. What is the marup percentage?
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Question 927423: A retailer sells a set of measuring cups for $2.50 after adding .50 cents to the original cost. What is the marup percentage?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
= 25% markup
and...checking
$2 + .25($2) = $2 + $0.50 = $2.50
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