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To change the price of something by a certain amount, usually represented by a percent increase or decrease.
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The cost of an item is Rs 12.60 If the profit is 10 percent over selling price what is the selling price?
Cost = 12.6010% markupPROPER Math for MARK UP: 12.6 divided by 0.9 = 14.00The math is done this way so if you reduce the price by 10% you get to your original cost (close anyway)
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