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Assume that markup is based on selling price. Calculate the dollar markup and cost. (Round your answer to nearest cent. Omit the $ sign in

Assume that markup is based on selling price. Calculate the dollar markup and cost. (Round your answer to nearest cent. Omit the "$" sign in your response.)

Item	Selling price	Markup percent	Dollar markup	Cost
IBM scanner	$80	30%	$	$

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