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Which of the Following Best Explains Mark-Up Pricing

Question 15

Multiple Choice

Which of the following best explains mark-up pricing? 


A)  A particular profit margin is added to some costs, including the cost of sales. 
B)  A particular profit margin is added to all costs, including the cost of sales. 
C)  A fixed percentage mark-up is added to the cost price. 
D)  A 5% profit margin is added to the cost of sales.

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