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    Series of markups and markdowns

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    The wholesale cost of a video game is $459,45. The original markup was 51% based on selling price. Find the final sale price after the following series of price changes: a markup of 24%, a markup of 17%, a markdown of 10%. Round each selling price to the nearest cent.

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    Solution Preview

    The key to this problem is the second sentence. The original markup was ...

    Solution Summary

    Markups and markdowns are briefly evaluated.