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    Contemporary Mathematics
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    Exam 8: Markup and Markdown
  5. Question
    If the Markup of a Product Is Twice Its Cost
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If the Markup of a Product Is Twice Its Cost

Question 39

Question 39

Multiple Choice

If the markup of a product is twice its cost, what is the percent of markup on this product based on its selling price to the nearest percent?


A) 67%
B) 63%
C) 33%
D) 25%

Correct Answer:

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