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30 May, 14:25

A store makes a profit of $15 on a wallet, after a mark up of 60%, what is the selling priceof the wallet?

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  1. 30 May, 17:16
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    Markup: $9; Selling Price: $24

    Step-by-step explanation:

    The store makes a profit of $15, to find the mark up of 60%, multiply 15 x 60%.

    15 x 0.6 = 9

    Add the markup price to the original price.

    9 + 15 = $24

    The selling price is $24
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