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A Television Set Costing $260 Was Marked Up by 35

Question 191

Multiple Choice

A television set costing $260 was marked up by 35% of the selling price. During a sale, the item was reduced to $300. What was the rate of markdown during the sale?


A) 33.3%
B) 15.4%
C) 13.3%
D) 25%
E) 35%

Correct Answer:

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