Question
Petes Pets sells about 1,000 snakes a year. It currently sells snakes for $30 each, which includes a $10 markup. However, they are switching to
Petes Pets sells about 1,000 snakes a year. It currently sells snakes for $30 each, which includes a $10 markup. However, they are switching to a new supplier, which can supply the snakes for $15 each. If Pete wants to keep the same markup percentage, how much will snakes now cost his customers?
A : $25
B : $22.50
C : $20
D : $17.50
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The Outsourcing Dilemma Whats Best For Internal Auditing
Authors: Larry E. Rittenberg, Institute Of Internal Auditors Research Foundation, Lee A. Campbell
1st Edition
0894133845, 978-0894133848
