SOLUTION: a retailer wants a 70% markup on the selling price of an item that costs him $50. write the equation for the selling price in words. write the equation using x selling price.
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Question 197163: a retailer wants a 70% markup on the selling price of an item that costs him $50. write the equation for the selling price in words. write the equation using x selling price. Answer by solver91311(24713) (Show Source):
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A 70% markup means that the cost is equal to 30% (100% - 70%) of the sales price. So if the sales price is x, and the cost is $50, then
