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Step 3 of the derivation shows this equation: - Cost ÷ Selling Price = (100% - Markup Rate as a percent) - What is the result if you multiply both sides of the equation by Selling Price?

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1. Step 3 of the derivation shows this equation: - Cost ÷ Selling Price = (100% - Markup Rate as a percent) - What is the result if you multiply both sides of the equation by Selling Price?





 
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