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AutoPartsWarehouse.com purchases chrome rims for $330 (for a set of 4) and uses a markup of 50% of cost. What will be the selling price?

AutoPartsWarehouse.com purchases chrome rims for $330 (for a set of 4) and uses a markup of 50% of cost. What will be the selling price? Round to the nearest dollar.

Hello the correct answer is 495.

Can you please explain how 495 is the correct answer? Thank you

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