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    Exam 8: Markups and Markdowns: Perishables and Breakeven Analysis
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    Find the Cost and Markup of a Stove If It
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Find the Cost and Markup of a Stove If It

Question 111

Question 111

Short Answer

Find the cost and markup of a stove if it sells for $400 and is marked up 100% of the cost.

Correct Answer:

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Cost = 400 / (1 + 1)...

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