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Determine the amount of markup

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Reference no: EM132965961

Problem 1: Determine the following, given the cost of an item is $6.80, profit made is $3.40 per item, and the rate of markup on selling price is 38%.

a. Selling Price =
b. Amount of markup =
c. Overhead Expenses =
d. Rate of markup on cost =

Reference no: EM132965961

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