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A store pays $75\$75 for a gold ring. The store marks up the price by 35%35\% . What is the amount of the mark-up? \newline$\$_____

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Percents - calculate tax, tip, mark-up, and moreright chevron icon

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Q. A store pays $75\$75 for a gold ring. The store marks up the price by 35%35\% . What is the amount of the mark-up? \newline$\$_____
  1. Calculate mark-up amount: Calculate the mark-up amount.\newlineMark-up percentage = 35%35\%\newlineCost price of the ring = $75\$75\newlineMark-up amount = Cost price ×\times Mark-up percentage\newlineCalculation: $75×0.35=$26.25\$75 \times 0.35 = \$26.25
  2. Check calculation: Check the calculation.\newlineRecheck: $75×0.35=$26.25\$75 \times 0.35 = \$26.25\newlineEverything looks correct.

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