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A buyer purchased a hat that costs $8.75 and has a suggested retail price of $19.00. Determine the markup percentage on the item. 46.05% 64.81%

A buyer purchased a hat that costs $8.75 and has a suggested retail price of $19.00. Determine the markup percentage on the item. 46.05% 64.81% 75.60% 53.95%

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