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Question 70

Multiple Choice

Solve the problem. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent.
-A local dealer sells baseballs for $25 each. If $7.89 is the markup, what is the cost and the markup on cost?


A) $17.11, 68.4%
B) $25.00, 31.6%
C) $17.11, 46.1%
D) $32.89, 24.0%

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