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25 January, 12:47

Cost to store:? Markup:10% Selling price: $11 What would the cost to the store be?

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  1. 25 January, 13:00
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    Markup = 10%

    selling price = 100 + 10 = 110%

    110% = $11

    1% = $0.10

    100% = 0.10 x 100 = $10

    The cost is $10
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