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e Assume you have opened up your own bakery. The COST TO MAKE a loaf of fresh bread is $2.50. There is a mark-up of
e Assume you have opened up your own bakery. The COST TO MAKE a loaf of fresh bread is $2.50. There is a mark-up of 80%. After 3 months you do an additional mark-up of 30% thus based on the two mark-ups, that will reflect the SELLING PRICE. What is the selling price? a. $2.00 b. $1.35 c. $3.35 d. NONE of the ANSWERS are CORRECT e. $1.50
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