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A shoe store by packs of socks wholesale for $5 each and marks up by $40. The store decides to discount the packs of the socks by 40%. Is the discounted price $5.

Respuesta :

Answer:

No

Step-by-step explanation:

Price after the socks is marked up = $40 + $5 = $45

If the sock is discounted by 40%, the price of the socks would be 60% of the original price

0.6 x $45 = 27

The discounted price is $27

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