Mike's Appliances bought a refrigerator for $480.The initial price on the refrigerator was $950,but it was ultimately sold for $825.What were initial and maintained markups,respectively?
A) 36.3 percent; 57.0 percent
B) 46.3 percent; 58.2 percent
C) 49.5 percent; 41.8 percent
D) 50.5 percent; 58.2 percent
E) 63.7 percent; 43.0 percent

Question

Quizplus · Accepted Answer

The Answer of Mike's Appliances bought a refrigerator for $480.The initial price on the refrigerator was $950,but it was ultimately sold for $825.What were initial and maintained markups,respectively?
A) 36.3 percent; 57.0 percent
B) 46.3 percent; 58.2 percent
C) 49.5 percent; 41.8 percent
D) 50.5 percent; 58.2 percent
E) 63.7 percent; 43.0 percent

Mike's Appliances Bought a Refrigerator for $480