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A merchant wants to establish the selling price of an item that costs him $4.50 with a 15% markup. What is his selling price?

A merchant wants to establish the selling price of an item that costs him $4.50 with a 15% markup. What is his selling price?
asked 73.2k views
3 votes
A merchant wants to establish the selling price of an item that costs him $4.50 with a 15% markup. What is his selling price?

asked
User Claudio
by
8.3k points

1 Answer

0 votes

Answer:

the answer it $5.18

Explanation:

$4.50 + ($4.50 x .15)

$4.50 + $0.68 = $5.18

answered
User Ben Griffiths
by
7.5k points
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