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In Making a Purchase from a Wholesaler, a Retailer Is

Question 64

Multiple Choice

In making a purchase from a wholesaler, a retailer is told that a certain item will earn a 100 percent markup on cost. What markup on selling price will this be?


A) 75%
B) 100%
C) 66 2/3%
D) 200%
E) 50%

Correct Answer:

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