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    Business Mathematics Study Set 1
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    Exam 8: Mathematics of Selling
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Solve the Problem

Question 67

Question 67

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 $8.89 is the cost, what is the percent of markup on the selling price?


A) 13.8%
B) 60.8%
C) 39.2%
D) 64.4%

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