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    Exam 20: Setting Prices
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    Kohl's Pays $16
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Kohl's Pays $16

Question 60

Question 60

Multiple Choice

Kohl's pays $16.50 for a six-ounce bottle of cologne and sells it for $25.95. Its markup as a percentage of cost is approximately ____% for this product.


A) 64
B) 36
C) 18
D) 57
E) 45

Correct Answer:

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