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Clearcut Lumber sells its dimensional lumber with a markup of 60%
a. What rate of margin do they use?
b. A batch of plywood sells for $500 what was the cost?
c. Fence posts with a cost of $10 would sell for how much?
d. The gross profit on the sale of some 4 by 4’s was $50 what was the selling price?

Sagot :

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