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    Practical Business Math Procedures Study Set 2
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    Exam 8: Markups and Markdowns: Perishables and Breakeven Analysis
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    If Percent Markup on Cost and Selling Price Are Known
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If Percent Markup on Cost and Selling Price Are Known

Question 4

Question 4

Multiple Choice

If percent markup on cost and selling price are known, one is able to compute the:


A) Amount of markdown
B) Amount of spoilage
C) Cost
D) Selling price at wholesale
E) None of these

Correct Answer:

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