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23-02-2018
Mathematics

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Cost to store: ? Markup:10% Selling price: $11 What would the cost to the store be?

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23-02-2018

markup = 10%
selling price = 100 + 10 = 110%

110% = $11
1% = $0.10
100% = 0.10 x 100 = $10

The cost is $10

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