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The rate of markup on an item costing $84.00 is 20% of the selling price. What is the selling price? a. $67.20 b. $16.80 c.

The rate of markup on an item costing $84.00 is 20% of the selling price. What is the selling price?

a. $67.20 b. $16.80 c. $58.00 d. $105.00

please explain the answer

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