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14 January, 01:31

A store is selling a hat at a 55 percent markup. The store originally paid $16 for the hat. What is the retail price of that hat?

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  1. 14 January, 05:11
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    If the hat is at a 55% markup, then the retail price is 1.55 * original price ($16)

    1.55*16 = $24.80
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