A gift shop owner purchases items to sell in her store. She purchases a chair for $125

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A gift shop owner purchases items to sell in her store. She purchases a chair for

$125 and sells it for $275. Determine the following:

a. dollar markup

b. markup percentage on cost

c. markup percentage on selling price

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Related Book For  book-img-for-question

Marketing An Introduction

ISBN: 9780133451276

12th Edition

Authors: Gary Armstrong, Philip Kotler

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