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Question 19 (1 point) A marketer is considering selling its products through large office supply retailers. The marketer anticipates the product will sell to these retailers for $12. The marketers cost for producing the product is $9. For this situation the markup-on- cost is: 33.3% 133.3% 75% 30%
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Answer #1
Answer is 33.30%
Explanation:
Selling price 12
Less: Cost of product 9
Mark up amount 3
Divide: Cost 9
Mark up as % of cost 33.30%
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