Answer:
Lamar will charge[tex]\$7[/tex] to the comic dealer for a comic book.
Solution:
It is given that lamar purchases a comic book for [tex]\$4[/tex]. He then marks up the price of a comic book by [tex]75\%[/tex] which means he increases the price of the book by [tex]75\%[/tex] and then sells it to the comic dealer.
We have to find out how much will he charge the comic book dealer.
New price of the book after lamar marks up the price is given by
New price [tex]= \$4 + \frac{75}{100} \times \$4[/tex]
=[tex]\$4 + \$3[/tex][tex]= \$7[/tex]
Thus, lamar will charge [tex]\$7[/tex] to the comic dealer for a comic book.
