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Sunnis retail furniture store has bought new sofas from its supplier at a cost of $800.00 each.Sunni intends to sell each new sofa at a

Sunni’s retail furniture store has bought new sofas from its supplier at a cost of $800.00 each. Sunni intends to sell each new sofa at a mark-up of 130%, based on cost. What is the rate of markup based on the selling price?

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