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When markups are based on the selling price, the: Multiple Choice: Selling price is the portion Selling price is 100% Selling price is cost markup

When markups are based on the selling price, the:

Multiple Choice:

  • Selling price is the portion

  • Selling price is 100%

  • Selling price is cost markup

  • Selling price is 100% + cost percent

  • None of these

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