If a product is marked up, the new price is called the reduced price.
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Q7: Tree-Mark Industries pays $90.00 for unfinished wood
Q8: Markup represents the amount of the selling
Q9: By using a formula, the percent markup
Q10: When comparing markup based on cost to
Q11: Cost is equal to markup plus selling
Q13: The amount a business gets to keep,
Q14: If patio furniture costs $500.00 and sells
Q15: The selling price of merchandise minus the
Q16: Pat's Deli makes onion buns that cost
Q17: The percent of markdown can be calculated
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