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A sporting goods store sells new and used boats. The markup on the boats is 75%.The buying price of the boat is $1,000.What is the markup of the boat?

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Since the markup on the boats is 75%, then the value would be:

75/100 * (Buying price of the boat)

75/100*(1,000) (Replacing)

750 (Multiplying)

The answer is $750.

User Majid Basirati
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