The cost of an item is $2.10 and the mark up is $0.60. What is the selling price of the item?
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Answer:
Answer:
The selling price is $2.10
Explanation:
The formula for the selling price is:
s=c+m
Where:
s is the selling price, what is being asked for in the problem
c s the cost of the product - $1.50 in this problem
m is the mark up - $0.60 in this problem
Substituting into the formula and calculating s gives:
s=$1.50+$0.60
s =$2.10
Step-by-step explanation:
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