A new fan belt costs the shop $34.75. A 25 percent markup is added. How much does the fan belt cost the customer?
What will be an ideal response?
Cost - $34.75
$34.75 x 25% = 8.69
$34.75 + 8.69 = $43.44
When using standard markup over cost price is $43.44
When using the retail markup $46.22
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What will be an ideal response?
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Fill in the blank(s) with correct word
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What will be an ideal response?