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Answer :
The art store manager marks up the easels by 75%, so the selling price of each easel is $10.20 plus 75% of that cost, resulting in a selling price of $17.85.
The art store manager buys easels for a cost of $10.20 each and wishes to calculate the selling price after a 75% markup. The markup is calculated by taking 75% of the original cost price and adding it to the cost price to find the selling price.
To calculate 75% of $10.20, multiply $10.20 by 0.75, which gives $7.65. Adding this to the original cost price gives us the selling price: $10.20 + $7.65 = $17.85. Therefore, the selling price of each easel, after a 75% markup on the cost price, would be $17.85.
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