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12-11-2020
Mathematics

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A department store buys 500 shirts at a cost of $4000 and sells them at a selling price of $10 each. Find the percent markup.

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13-11-2020

Answer:

25%

Step-by-step explanation:

to find the original cost of a single shirt:

4000 / 500 = $8

how much did they markup:

10 - 8 = 2

percent markup:

2/8 = 0.25 x 100 = 25%

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