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Question 20 A pair of shoes listed at $70 less 20% is purchased by a merchant who sells them for $98. What is the merchant's

Question 20 A pair of shoes listed at $70 less 20% is purchased by a merchant who sells them for $98. What is the merchant's rate of markup on selling price? a) 42.86% b) 75% c) 40% d) 28.57% e) 66.67%

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