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Austen, a sign maker for a store, makes a sign advertising leather chairs for sale at a price of $612\$612 each. However, the leather chairs only cost the store $300\$300 each. What is the mark-up, as a percentage?\newlineWrite your answer using a percent sign (%).\newline_____

Full solution

Q. Austen, a sign maker for a store, makes a sign advertising leather chairs for sale at a price of $612\$612 each. However, the leather chairs only cost the store $300\$300 each. What is the mark-up, as a percentage?\newlineWrite your answer using a percent sign (%).\newline_____
  1. Calculate Markup Percentage: Now, we calculate the mark-up percentage based on the cost price.

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