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A store imports shoes for $16.00 per pair of shoes, plus an import duty of 20.0%, or $3.20 per pair of shoes. The store raises the retail price an additional $6.00 per pair of shoes. How much more, in dollars, does a consumer pay per pair of shoes?

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marcthemathtutor

Answer:

$9.20

Step-by-step explanation:

Original base cost@ import = $16

Import duty (tax) = $3.20

Store price increase = $6.00

Hence Customer pays:

Original base cost@ import + import duty + store price increase

= $16 + $3.20 + $6.00

= $25.20

Amount more that customer pays (compared to base cost)

= Price Customer pays - Original base cost

= $25.20 - $16

= $9.20

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