A television that costs $500 is marked up 250%. What
is the new price of the television?
is the new price of the television?
Cost - 500
Marked Up - 250
Margin - 71.4286
MxCxMA= $1,750
This may seem confusing, but its $1,750 for the new price, and the equation is:
M= Marked
C= Cost
MA= Margin
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