Final answer:
The store paid $131.16 for the fidget spinner.
Step-by-step explanation:
To find out how much the store paid for the fidget spinner, we need to calculate the original price before the markup. Since the fidget spinner's current price is $140.35 and it has been marked up by 7%, we can use the formula: Original Price = Current Price / (1 + Markup Percentage).
Plugging in the values, we get the original Price = $140.35 / (1 + (7/100)).
Simplifying, we have Original Price = $140.35 / 1.07 = $131.16. Therefore, the store paid $131.16 for the fidget spinner, so the correct answer is A. $131.16.