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The Wholesale Cost of a Delivery Van Is $31,300

Question 123

Multiple Choice

The wholesale cost of a delivery van is $31,300. The original markup was 26% based on selling price. Find the final sale price after the following series of price changes: a markup of 46%, a markup of 15%, a markdown of 40%, and a markup of 14%. (Round each selling price to the nearest cent)


A) $45,292.02
B) $57,579.48
C) $48,575.74
D) $39,729.84

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