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A retailer pays a wholesaler $24.00 for an item and then sells it with a 25 percent markup. The retailer's selling price is: A. $32.00.

A retailer pays a wholesaler $24.00 for an item and then sells it with a 25 percent markup. The retailer's selling price is: A. $32.00. B. $56.00. C. $48.00. D. $30.00. E. None of these alternatives

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