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- The cost to a distributor for a product is $34. The distributor sells the product for $55 to his customers. 1. What is the

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- The cost to a distributor for a product is $34. The distributor sells the product for $55 to his customers. 1. What is the markup? Markup = $ 2. What is the markup based on the cost (expressed as a percentage)? Round the answer to two decimal places. Markup based on Cost = %

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