A store pays $54 for a briefcase and marks the price up by 20%. What is the new price?
1 answer:
Answer:
64.80
Step-by-step explanation:
The new price will equal the original price plus the markup.
The markup equal the original price * the markup percentage
markup = 54*.2
markup = 10.8
New price = original + markup
New price = 54+10.8
New price = 64.80
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