What is the cost and selling price of the suit

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Question: 1. Shekenna's Dress Shop marks up a business suit $38. This represents a 70% markup based on the selling price. What is the cost and selling price of the suit?

2. May Department Store marks one stock keeping unit (SKU) of its Coach handbags up $70.08 or 32% of the selling price. Find the cost and selling price of the handbags.

Reference no: EM131622411

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