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The Wholesale Cost of a Speedboat Is $11,400

Question 44

Multiple Choice

The wholesale cost of a speedboat is $11,400. The original markup was 26% based on selling price. Find the final sale price after the following series of price changes: a markdown of 9%, a markdown of 46%, and a markup of 38%. (Round each selling price to the nearest cent)


A) $14,364.00
B) $9,740.69
C) $13,071.24
D) $10,446.90

Correct Answer:

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