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A toy store's markup rate is 28 percent of the wholesale price What is the retail price of a toy that has a wholesale price of 8?
Wiki User
∙ 12y ago
simply multiply the wholesale price by the percentage markup (in this case 28%) to get the answer, for example: 8 x 0.28= 2.24 then add the answer to the original price 8 + 2.24= 10.24
Wiki User
∙ 12y ago
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