Multiple Choice
M Studios buys cameras at a unit cost of $125. Their operating expense is 45% per unit of cost, and their desired unit operating profit is 25% of cost. What is M Studios' rate of mark-up on selling price?
A) 60%
B) 45%
C) 25%
D) 41.2%
E) 40%
Correct Answer:
Verified
Correct Answer:
Verified
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