A store pays $25 for a desk chair. The store marks up the price by 40% . What is the new price?

asked Mar 12, 2017 77.5k views

3 votes

A store pays $25 for a desk chair. The store marks up the price by

40% .
What is the new price?

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2 votes

25 x (40/100) = x
x = $10

So the 40% is $10
THUS, 25+10 = 35
Hence, the new price is $35

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