A producer sells an item to a wholesaler for $4.00, and the wholesaler uses a markup of 25 percent on its selling price. What will be the cost to the retailer?
A) $4.75
B) $4.87
C) $5.03
D) $5.33
E) $5.45
Correct Answer:
Verified
Q108: An intermediary seeking high profits should:
A) use
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Q110: A low stockturn rate
A) is extremely good
Q111: A markup chain:
A) only applies to consumer
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A) is only possible
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