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    Exam 4: Mathematics of Merchandising
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    A Shovel Costing $8
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A Shovel Costing $8

Question 57

Question 57

Multiple Choice

A shovel costing $8.50 in August was marked up by 200%. In April of the following year, it was reduced by 80%. What was the sale price?


A) $3.40
B) $5.00
C) $1.70
D) $10.20
E) $5.10

Correct Answer:

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