A store purchases an item for $250 less 12%, The store sets its markup at 45% of selling price. What was the markup on cost during the sale. please show your work. Hint the answer should be a percentage.
Added by Toni V.
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- The store purchases the item for $250 with a 12% discount. - Discount amount = 12% of $250 = 0.12 * 250 = $30. - Purchase price after discount = $250 - $30 = $220. Show more…
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