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A store owner buyso backpacks at a certain price and sells them at a higher price. The difference is called the markup. If she pays 21$ for a backpack and adds a 40% markup on the price she paid,what is
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A store owner buyso backpacks at a certain price and sells them at a higher price. The difference is called the markup. If she pays 21$ for a backpack and adds a 40% markup on the price she paid,what is the selling price?

User Azaz Ul Haq
by
7.0k points

2 Answers

1 vote
The selling price would be $29.40
(21×1.40)
User StanleyH
by
7.1k points
6 votes
your answer would be $29.40 because 21×0.4=8.4 so you add 21+8.4=29.4 (your answer)
User Mark Vincze
by
6.7k points
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