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A local dealer sells baseballs for $25.00 each. If this is a 31.5% markup on selling price, find the equivalent markup percent on cost. Round
A local dealer sells baseballs for $25.00 each. If this is a 31.5% markup on selling price, find the equivalent markup percent on cost. Round to the nearest tenth of a percent. A. 46.0% B. 54.0% C. 24.0% D. 31.5% Step by Step Solution
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Financial Accounting
Authors: Robert F. Meigs, Jan R. Williams, Mark S. Bettner, Susan F. Haka, Sue Haka
11th Edition
0072516682, 978-0072516685
