If costs are jacked up by 30%, what is the real cost of a $70.50 item?

if costs are jacked up 30%, what is the real cost of a $70.50 item?
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Real cost=1.30*$70.50=$91.65. This is the real cost to a buyer of an item costing $70.50 before marking up. If $70.50 is the cost after markup, then the actual cost to the seller is $70.50/1.30=$54.23. The question doesn't clarify whether it's the real cost to the buyer or to the seller.

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