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A bookstore buys Algebra 1 books at a wholesale price of $16 each. It then marks up the price by 83%, and sells the Algebra 1 books. What is the amount of the markup? What is th…

A bookstore buys Algebra 1 books at a wholesale price of $16 each. It then marks up the price by 83%, and sells the Algebra 1 books. What is the amount of the markup? What is th…
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A bookstore buys Algebra 1 books at a wholesale price of $16 each. It then marks up the price by 83%, and sells the Algebra 1 books. What is the amount of the markup? What is the selling price

asked
User Groostav
by
8.2k points

1 Answer

3 votes

Answer:

Markup is $13.28

Selling price is $29.28

Explanation:

Markup: $16 × .83 = $13.28

Selling price: $16 + $13.28 = $29.28

answered
User Paul Dardeau
by
8.0k points
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