What equivalent to a markup on price markup on cost

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Q. Trying to figure out how to calculate the markup on cost with a 50% markup on price. Is there a formula or vice versa a 50% markup on cost is equivalent to a markup on price of what. An answer of 50% for both just seems too easy.

Q. Mark lives on a certain acre of land for thirty years, believing that he owns it. Nora appears, claiming that she owns it. Mark wants a court to decide who owns the land. A court could decide this dispute based on.

Reference no: EM1355019

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