The owner of a bookstore buys used books from customers for $1.50 each. The owner then resells the used books
for 400% of the amount he paid for them.
What is the price of a used book in this bookstore?

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The price of a used book in the bookstore after the percentage increase in its price is $7.50.

What are percentages?

Percentage can be described as the fraction out of an amount that is usually expressed as a number out of hundred. Percentages are represented with this sign - %.

What is the price of the used book?

Price = 1.50 x ( 1 + 4)

1.5 x 5 = $7.50

To learn more about percentages, please check: https://brainly.com/question/25764815

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