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Office Max receives packs of 8 pens for $0.79 per pack. They desire a 50% markup on selling price. What is the selling price (of

Office Max receives packs of 8 pens for $0.79 per pack. They desire a 50% markup on selling price.

What is the selling price (of the pack)? The selling price is what percent of the cost? Round to the nearest hundredth of a percent if necessary.

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