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4) A music shop purchases a guitar for $105. They then markup the price
60% before selling it in their shop. What is the retail price of the guitar? *
Plz help

Respuesta :

sqdancefan

Answer:

  $168

Step-by-step explanation:

The markup amount is ...

  60% × $105 = $63

When that is added to the store's cost, the retail price is ...

  selling price = cost price + markup

  selling price = $105 +63 = $168

The retail price of the guitar is $168.

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