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A manufacturer makes a product for $ 8 ?and adds a 2 5 % ?profit on cost . ?They sell to a wholesaler who sells
A manufacturer makes a product for $ ?and adds a ?profit on cost ?They sell to a wholesaler who sells it for ?markup based on cost ?The retailer marks it up by ?on wholesaler selling price and sells the product to the consumer. What is the total $ markup in going from manufacturer s cost to consumer purchase price, i e ?the $ difference between the two?
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