Based on the information given the amount of the store’s profit is $59.50.
Using this formula
Profit=Cost price× (Charges percentage of cost - 100%)
Where:
Cost price=$85
Charges percentage of cost =170%
Let plug in the formula
Profit=$85×(170%-100%)
Profit=$85×70%
Profit=$59.50
Inconclusion the amount of the store’s profit is $59.50.
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