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15 May, 00:52

A store pays $54 for a briefcase and marks the price up by 20%. What is the new price?

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  1. 15 May, 03:42
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    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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