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Trust Me Pawn Shop Paid Someone $30 for a Used

Question 93

Multiple Choice

Trust Me Pawn Shop paid someone $30 for a used chainsaw and applied a markup of 150% of cost. He subsequently sold it at a markdown of "40% off." How much gross profit did he make?


A) $17
B) $27
C) $15
D) $3
E) $45

Correct Answer:

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