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A store charges a restocking fee for any returned item based upon the item price. An item priced at $200 has a fee of $12. An item priced at $150 has a fee of $9.
What percentage of the item is a restocking fee?

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musiclover10045

Divide the restocking fee by the price of the item:


12/200 = 0.06

9/150 = 0.06

Multiply by 100 to get the percent:

0.06 x 100 = 6%

Answer: 6%

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