Multiple Choice
The percent markup on a tricycle is known to be 24% based on selling price. If the seller paid $24.50 for one, then what would be the corresponding percent markup based on the cost? (Round to the nearest tenth percent)
A) 76.0%
B) 29.4%
C) 24.7%
D) 31.6%
Correct Answer:
Verified
Correct Answer:
Verified
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