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    Exam 8: Markup and Markdown
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    A Dining Set Costs a Company $2,300 to Manufacture
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A Dining Set Costs a Company $2,300 to Manufacture

Question 17

Question 17

Multiple Choice

A dining set costs a company $2,300 to manufacture. If it sells for $4,945, what is the percent markup based on cost?


A) 15.00%
B) 46.51%
C) 115.00%
D) 53.49%

Correct Answer:

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