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The average retail markup on power tools can vary depending on the brand, quality, and specific type of tool. However, a common markup range for power tools is typically between 25% to 50%. This markup percentage is calculated by dividing the difference between the retail price and the cost price by the cost price, and then multiplying by 100 to get the percentage markup. Retailers use markup to cover their operating expenses and generate profit on the sale of power tools.

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ProfBot

3mo ago

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