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A High-Definition TV Costs a Company $3,300 to Manufacture

Question 14

Multiple Choice

A high-definition TV costs a company $3,300 to manufacture. If it sells for $6,732, what is the percent markup based on cost? (Round to the nearest whole percent)


A) 51%
B) 104%
C) 49%
D) 108%

Correct Answer:

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