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6 July, 14:07

Radio Shack sells a TV for $199.95 that costs $140.50. What was Radio Shack's percent markup based on a selling price? (Round to nearest percent.) Check your answer (will be slightly off due to rounding.)

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  1. 6 July, 14:59
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    The dollar markup is $199.95 - 140.50 = $59.45

    The percent markup based on the selling price is:

    (59.45/199.95) x 100 = 30%
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