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A Pair of Shoes Listed at $70 Less 20% Is $66 \frac{2}{3} \%$

Question 242

Multiple Choice

A pair of shoes listed at $70 less 20% is purchased by a merchant who sells them for $98. What is the merchant's rate of mark-up on selling price?

A) 42.86%
B) 75%
C) 40%
D) 28.57%
E) $66 \frac{2}{3} \%$

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