Question
Jennings Hardware Store marks up its merchandise by 30%. If a part costs $25.00, which of the following is true? a.The price is $7.50. b.The
Jennings Hardware Store marks up its merchandise by 30%. If a part costs $25.00, which of the following is true?
a.The price is $7.50.
b.The markup is $32.50.
c.The price is $32.50.
d.The markup is pure profit.
e.All of these choices are correct.
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Get StartedRecommended Textbook for
Payroll Accounting 2017
Authors: Bernard J. Bieg, Judith Toland
27th edition
ISBN: 1305675126, 1305675124, 9781305888586, 1305888588, 978-1337734776
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