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    Practical Business Math Procedures Study Set 2
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    Exam 8: Markups and Markdowns: Perishables and Breakeven Analysis
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    The Amount of Markup Is Represented as the Portion Only
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The Amount of Markup Is Represented as the Portion Only

Question 122

Question 122

True/False

The amount of markup is represented as the portion only when markups are based on cost.

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