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    Exam 8: Markup and Markdown
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    The Selling Price for a Fax Machine Is $341
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The Selling Price for a Fax Machine Is $341

Question 118

Question 118

Multiple Choice

The selling price for a fax machine is $341.67. What percent of the sale price is the markup, if the cost of the fax machine was $205? (Round to the nearest whole percent)


A) 40%
B) 67%
C) 60%
D) 20%

Correct Answer:

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