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    Contemporary Mathematics
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    Exam 8: Markup and Markdown
  5. Question
    It Costs $1,075 to Manufacture a Table
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It Costs $1,075 to Manufacture a Table

Question 111

Question 111

Multiple Choice

It costs $1,075 to manufacture a table. If the table sells for $1,578.25, what is the percent markup based on selling price? (Round to the nearest whole percent)


A) 27%
B) 20%
C) 18%
D) 32%

Correct Answer:

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