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Sagot :
Answer:
Rounded to the nearest tenth of a percent, the answer is 40.0%.
Step-by-step explanation:
To find the percent of markup based on the selling price, we need to find the markup and then divide by the selling price.
Markup = Selling price - Cost price
= $625 - $375
= $250
Percent of markup = (Markup / Selling price) x 100
= ($250 / $625) x 100
= 40%
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