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    Contemporary Mathematics
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    Exam 8: Markup and Markdown
  5. Question
    It Costs $1,540 to Manufacture a Violin
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It Costs $1,540 to Manufacture a Violin

Question 62

Question 62

Multiple Choice

It costs $1,540 to manufacture a violin. If the violin sells for $1,905, what is the percent markup based on selling price? (Round to the nearest whole percent)


A) 19%
B) 29%
C) 38%
D) 77%

Correct Answer:

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