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# Selling price = $92.19; Rate or markup based on cost = 89%. Find the cost and markup. wrote... Posts: 3242 Rep: 8 years ago Selling price =$92.19; Rate or markup based on cost = 89%. Find the cost and markup.
A) Cost: $43.41 Markup:$48.78
B) Cost: $82.05 Markup:$10.14
C) Cost: $10.14 Markup:$82.05
D) Cost: $48.78 Markup:$43.41
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MillionMillion
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8 years ago

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rolpace88 Author
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 Got my quiz back, you were right
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 Great, please mark the topic solved!
Anonymous
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 Help! The answer is missing an explanation...
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Educator
2 months ago
 Quote from: rolpace88 (8 years ago)Selling price = \$92.19; Rate or markup based on cost = 89%. Find the cost and markup.B + BR = FB + B(0.89) = 92.191.89B = 92.19B = 92.19/1.89 = 48.78 (our cost)Markup = 92.19 - CostMarkup = 92.19 - 48.78Markup = 43.41
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