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| Math Central | Quandaries & Queries |
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Question from Fatima: What is the 20% markup price of $\$1.50$ |
Hi Fatima,
20% is $ \frac{20}{100} = 0.20$ and hence 20% of $\$1.50$ is $0.20 \times \$1.50.$ Thus the price after a 20% markup is $\$1.50 + 0.20 \times \$1.50.$
Penny
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