Question
Business: Concession Markup A movie theater marks up the candy it sells by $275 \%$. If a box of candy sells for 4.50 dollar at the theater, how much did the theater pay for the box?
Step 1
This means that the original price is 100% and the markup price is an additional 275%, making the total price 375% of the original price. Show more…
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Personal Finance: Concession Markup A movie theater marks up the candy it sells by $275 \%$. If a box of candy sells for $\$ 3.00$ at the theater, how much did the theater pay for the box?
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