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    Exam 17: Pricing in Retailing
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    A Close-Out Retailer Can Purchase a Discontinued Digital Camera for $79
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A Close-Out Retailer Can Purchase a Discontinued Digital Camera for $79

Question 85

Question 85

Multiple Choice

A close-out retailer can purchase a discontinued digital camera for $79 and wants to obtain a 40 percent markup at retail.What retail price should be charged?


A) $82.60
B) $98.33
C) $119.00
D) $131.67

Correct Answer:

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