Shane imported a product and marked it up by 55% of the cost. The amount of markup was $635. a. What was the selling price of the product? b. What was the markup as a percentage of the selling price

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Chapter3: Math Models
Section3.1: Use A Problem-solving Strategy
Problem 57E: Sale Price Patty paid $35 for a purse on sale for $10 off the original price. What was the original...
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Shane imported a product and marked it up by 55% of the cost. The amount of markup was $635.
a. What was the selling price of the product?
b. What was the markup as a percentage of the selling price?
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