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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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    When Markups Are Based on the Selling Price, The
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When Markups Are Based on the Selling Price, The

Question 57

Question 57

Multiple Choice

When markups are based on the selling price, the:


A) Selling price is the portion
B) Selling price is 100%
C) Selling price is cost - markup
D) Selling price is 100% + cost percent
E) None of these

Correct Answer:

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