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Brandy owns a clothing store. She buys a dress for $40 and marks it up 80% to sell in her store. No one buys the dress and she marks it down on clearance. If she marks it down 80%, how much does it cost now?

A

$\$80$

B

$\$72$

C

$\$40$

D

$\$14.40$

E

$\$20$

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