Bill's Hardware Marks Up Snow Blowers $130 and Sells Them

question 12

Short Answer

Bill's Hardware marks up snow blowers $130 and sells them for $485. Markup is on cost. What are the cost and percent markup to the nearest hundredth percent?

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Definitions:

Blog

A regularly updated website or web page, typically run by an individual or small group, that is written in an informal or conversational style.

Cost Effective

A measure of how economically beneficial something is, in terms of what is achieved for the amount of money spent.

Content Curation

The process of gathering, organizing, and sharing information on a specific topic or area of interest to add value for a target audience.

Ethical Implications

The moral consequences or considerations of an action, decision, or policy, especially as they affect others.