if a bookcase cost \$31.40 and the amount markup is \$21.50, what was the selling price and percent markup based on cost?
If a bookcase cost \$31.40 and the amount markup is \$21.50: Selling price: \$31.40+21.50 = \$52.90. Percent markup based on cost: 21.50/31.40*100 = 68.47%
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Updated 4/7/2014 9:08:19 PM
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If a bookcase cost \$31.40 and the amount markup is \$21.50:
Selling price: \$31.40+21.50 = \$52.90.
Percent markup based on cost: 21.50/31.40*100 = 68.47%

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