In Making a Purchase from a Wholesaler, a Retailer Is

question 64

Multiple Choice

In making a purchase from a wholesaler, a retailer is told that a certain item will earn a 100 percent markup on cost. What markup on selling price will this be?

• A) 75%
• B) 100%
• C) 66 2/3%
• D) 200%
• E) 50%

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