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A Purchaser Just Paid $48,727

Question 96

Multiple Choice

A purchaser just paid $48,727.27 for a Crossover vehicle. If the markup based on cost was 45%, what was the cost of the crossover vehicle? (Round to the nearest whole dollar)


A) $21,927
B) $33,605
C) $26,800
D) $22,900

Correct Answer:

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