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Bill sells his bananas for $2.00 a bunch but his costs are only $1.50 a bunch. How much will he have to change his markup
Bill sells his bananas for $2.00 a bunch but his costs are only $1.50 a bunch. How much will he have to change his markup to match a competitor's price of $1.80 a bunch? A. Reduce markup by 15%
B. Increase markup by 15%
C. Reduce markup by 17%
D. Reduce markup by 13.3%
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