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If you wanted to take a loan of $10,000 to start a business, and required a 30% return on investment, calculate the markup percentage if

If you wanted to take a loan of $10,000 to start a business, and required a 30% return on investment, calculate the markup percentage if you are going to sell 8,000 units at $12/unit and incur $3,000 of selling expenses. Select one: a. 6.25% b. 7.25% c. 5.00% d. 8.00%

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