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A store pays $5 for a toy dinosaur. The store marks up the price by 40% .What is the amount of the mark-up?

1 Answer

8 votes

Answer:

The amount of the markup is $2. The full price is $7

Explanation:

%40 is 4/10, this can be simplified into 2/5

2/5 of 5 is 2

it is marked up so we add them together

5+2=7

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