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Daily Math Challenge

📚 Money ⭐ Medium 🎓 Grade 3-5
A store's profit margin is 30%. If an item costs $50 to produce, what is the selling price?
Answer
$71.43

📝 Step-by-Step Solution

1
Cost: $50
2
Profit margin: 30%
3
Profit: $50 × 0.30 = $15
4
Selling price: $50 + $15 = $65
💡 Helpful Hints
• Calculate profit amount
• Add to cost