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A tie pin which sells for $200.00 has a markup rate of 30% on the selling price. Find the amount of the markup and the cost.

  • math -

    selling price= 200= cost+markup=1.30cost
    cost= 200/1.3
    markup=200-cost

  • math -

    A tie pin which sells for $200.00 has a markup rate of 30% on the selling price. Find the amount of the markup and the cost.

  • math -

    if cost is $22. and the markup is $6.80

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