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The Markup on a New Van Should Be 30% Based

Question 144

Multiple Choice

The markup on a new van should be 30% based on selling price. If the seller paid $25,550 for one, then how much should it be sold for to achieve the desired markup?


A) $26,122.50
B) $36,500.00
C) $45,255.71
D) $28,536.25

Correct Answer:

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