Multiple Choice
A large supermarket chain purchases a box of cereal from a food wholesaler. If the supermarket chain uses a markup of 20 percent on its selling price of $2.85, what is the price the supermarket chain paid the food wholesaler?
A) $2.12
B) $2.28
C) $2.45
D) $2.55
E) $2.67
Correct Answer:
Verified
Correct Answer:
Verified
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