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A car-shop sells a car for $4800. This price includes a 20% markup. What would be the price of the car with a 10% markup?

A. $4100 B. $4300 C. $4400 D. $4600 E. $4700

Let \(X\) be the price of the car without a markup. Then \(1.2X = 4800\) from where \(X = 4000\). 10% of \(X\) is 400; the price of the car with a 10% markup would be $4400.

+1 for C. We are told that 1.2x is 4800 (where x is the original price). We need to find 1.1x. Do the math, answer comes to 4400 , i.e. option C.
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