The markup on a TV should be 52% based on selling price. If the seller paid $240 for one, then how much should it be sold for (in $) to achieve the desired markup?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.52TI: Loren lent his brother $3,000 to help him buy a car. In four years, his brother paid him back the...
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The markup on a TV should be 52% based on selling price. If the seller paid $240 for one, then how much should it be sold for (in $) to achieve the desired markup?

 

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