A store purchases an item wholesale for $60 and marks it up by 70 percent. If there is a 7 percent tax on the item, how much will the item cost?

A 70% markup on $60 is $0.70 × $60 = $42, so the price before tax is $60 + $42 = $102. The 7% tax is $0.07 × $102 = $7.14. Adding the tax gives a total cost of $102 + $7.14 = $109.14, choice D.

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