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The usual retail price of an item is $500.00. Retailers take a 50 percent markup and wholesalers take a 10 percent markup. What is the

The usual retail price of an item is $500.00. Retailers take a 50 percent markup and wholesalers take a 10 percent markup. What is the retailer's mark up in $?

Answers:	$200
	$300
	$225
	$250
	none of the above.

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