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A Retailer Buys a Painting for $200

Question 120

Multiple Choice

A retailer buys a painting for $200.She sets the price at $450.When the painting doesn't sell after two months,she raises the price to $800 to appeal to a different market.The painting sells for $800 the next day.What is the maintained markup?


A) $250
B) $350
C) $450
D) $600

Correct Answer:

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