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The Wholesale Cost of a Digital Sound System Is $1,850

Question 68

Multiple Choice

The wholesale cost of a Digital Sound system is $1,850. The original markup was 61% based on selling price. Find the final sale price after the following series of price changes: a markup of 14%, a markup of 47%, and a markdown of 30%. (Round each intermediate selling price to the nearest cent)


A) $5,564.51
B) $2,006.26
C) $3,493.96
D) $1,259.73

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