SOLUTION: What is the jeweler's cost of a bracelet if the selling price is $4500 after a markup of 100 percent.
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Question 473774
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What is the jeweler's cost of a bracelet if the selling price is $4500 after a markup of 100 percent.
Answer by
Edwin McCravy(20054)
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A markup of 100% means the price was doubled. So the jeweler's
cost was one-half of $4500 or $2250.