He outdoor furniture center buys wooden benches for $50each. The furniture store owner adds a 200% markup to the cost of the bench. After hearing from customers that the selling cost of the bench is too high the owner changes the markup to 120% how much less per bench does the store owner make with the lower markup?

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6 March, 12:51

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Weeks · Answer 1

200% pf 50 is 100 and 120% of 50 is 60

so 150 - 110 = 40

you are paying 40 less