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You have made two of the exact same necklaces that cost you a total of $15 in supplies.  You have chosen to mark up the price by 15%.  How much will each necklace be sold at and how much will you make in profit for each?

 Dec 21, 2018
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$15 / 2 = $7.50 - the cost of  one necklace.

$7.50 x 1.15 =$8.63 - sale price of each necklace after 15% markup.

$8.63 - $7.50 =$1.13 - profit on each necklace.

 Dec 21, 2018

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