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The shoe store has a mark up rate 75% and is selling a pair of shoes for $133 find the price the store paid for the shoes

Verified Answer :

Neuron

If you would like to know the price the store paid for the shoes, you can calculate this using the following steps:

100% ... $x = ?
175% ... $133

100% 133 = x 175%
100/100 133 = x 175/100
133 * 100 / 175 = x
x = $76

The correct result would be $76.

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