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A manufacturer sells $ 8 ? unit to wholesalers who mark up by 2 5 % on manufacturer selling price. Afterwards, the retailers mark up
A manufacturer sells $ unit to wholesalers who mark up by on manufacturer selling price. Afterwards, the retailers mark up by on consumer purchase price. Here,
wholesaler markup is based on cost retailer markup on selling price
both wholesaler and retailer markup are based on selling price
wholesaler markup is based on selling price, retailer markup on cost
All the other answers are correct.
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