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If Maury's Work Warehouse Sets Retail Prices So That Markups

Question 115

Multiple Choice

If Maury's Work Warehouse sets retail prices so that markups are equal to 20% of cost, what is the cost of a pair of work boots that have a retail price of $129?


A) $108.00
B) $107.50
C) $101.91
D) $92.00
E) $86.50

Correct Answer:

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