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# Help plz this is due tomorrow :[

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A jewelry store bought a gold necklace and marked it up 110% from the original cost of \$23.52. Later on, Dean purchased the gold necklace and paid 14.75% sales tax. How much, including tax, did he pay for the gold necklace?

Apr 28, 2022

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When you mark something up, you add the original price and how much it was marked up. For example, if you marked something up 50%, the new price is (the original price + 50% of the original price).

Applying the same logic here, we have $$23.52 + (1.1 \times 23.52) \approx 49.40$$. The 23.52 represents the original price, and the 1.1 x 23.52 represents how much it was marked up.

The price after the mark up was $$49.40$$. We now have to mark it up by $$14.75 \text{%}$$

Can you do this using the logic I just presented?

Feel free to ask if you need any help!!!

Apr 28, 2022

#1
+2560
0

When you mark something up, you add the original price and how much it was marked up. For example, if you marked something up 50%, the new price is (the original price + 50% of the original price).

Applying the same logic here, we have $$23.52 + (1.1 \times 23.52) \approx 49.40$$. The 23.52 represents the original price, and the 1.1 x 23.52 represents how much it was marked up.

The price after the mark up was $$49.40$$. We now have to mark it up by $$14.75 \text{%}$$

Can you do this using the logic I just presented?

Feel free to ask if you need any help!!!

BuilderBoi Apr 28, 2022