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Popular Word Problems >

A store pays 486 for a row boat and marks the price up by 11%. What is the amount of the mark-up?

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Solution

Astorepays486forarowboatandmarksthepriceupby11%.Whatistheamountofthemark−up?

Solution

Additionamount:53.46
Solution steps
Translate the problem into an equation:x=0.11⋅486
x=0.11⋅486:x=53.46
Additionamount:53.46

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