Chapter Six – How do companies decide what products and ...
She will use the formula, SP = C + .4 (or forty percent of cost) to determine the selling price of items in her gift shop (for example, if a children’s book costs the owner $14, her selling price will be SP = $14 + .4($14) or $14 + $5.60 = $19.60. Using Markup on selling price to determine selling price ................
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