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You have to buy 5,000 pieces of a part that costs $50 per hundred. The price quoted to your customer is a 100-piece minimum at

You have to buy 5,000 pieces of a part that costs $50 per hundred. The price quoted to your customer is a 100-piece minimum at $37.50 each. What is your markup based on the total cost and the total sell? solve this only If you know the exact answer.

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