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expeople1 [14]
3 years ago
14

A bookstore pays $4.50 for a novel. The percent of markup is 45%. Find the novel's selling price. 55 TE OME TELE mm​

Mathematics
1 answer:
MArishka [77]3 years ago
8 0

Answer:

Selling price= $6.53

Step-by-step explanation:

Giving the following information:

A bookstore pays $4.50 for a novel. The percent of markup is 45%.

<u>To calculate the selling price, we need to use the following formula:</u>

Selling price= purchase price*(1 + mark up percentage)

Selling price= 4.5*1.45

Selling price= $6.53

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