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Question 1 3 pts An item (SKU #4589011) receives a markup in dollars of $5.80. A 78% markup at cost is reported. What is the
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Answer #1

rate positively .. let me know if you need any clarification..

Given that =
Mark up % = 78%
Mark up $ = 5.8
Therefore cost = 5.8/78%                    7.44
Retail selling price = 5.8+7.44                  13.24
Ans =                  13.24
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