Asked by Esther Duenas on Jul 05, 2024

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The markup percent is based on cost. Compute the missing terms.​
The markup percent is based on cost. Compute the missing terms.​ ​

Markup Percent

The fraction of the cost price of items increased to cover operational expenses and secure profit.

Cost

The amount of money required to purchase goods or services or the expenditure incurred in the production of goods.

  • Understand the concepts of markup based on cost and how to compute it.
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MP
mihir patelJul 08, 2024
Final Answer :