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Muy Bueno Bakery sells its special chocolate cake for $ 1 8 variable cost is $ 3 . The desired profit is $ 2 per

Muy Bueno Bakery sells its special chocolate cake for $18 variable cost is $3. The desired profit is $2 per unit. What is the markup percentage (rounded to the nearest percent) on product cost?

a. 19%

b. 80%

c. 19%

d. 10%

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