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Q: What is the total cost if the price is 28.00 and the tax is 6 percent?

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3962 -1162 = 2800 which is dealer cost markup % = (3962/2800 - 1) times 100 to get percent = 41.5%

Total cost = 225*1.06 = 238.50

The total tax is $0.70 and the total price with tax is $14.70.

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