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    Exam 9: Markup and Markdown
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    The Markup Amount on a Bicycle Is $48, Which Is
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The Markup Amount on a Bicycle Is $48, Which Is

Question 31

Question 31

Essay

The markup amount on a bicycle is $48, which is a 30% markup based on cost. What is the cost of the bicycle?

Correct Answer:

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$160; Divide the mar...

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