Question 16 • Grade 7 Mathematics
A markup is calculated as a percentage of the $8 cost and then added to the cost. A 25% markup gives $8 + $2 = $10, a 75% markup gives $8 + $6 = $14, and a 70% markup gives $8 + $5.60 = $13.60. So the true statements are the ones describing prices of $10, $14, and $13.60.
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