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OpenStudy (anonymous):
The owner of an electronics store received a shipment of MP3 players at a cost of $64.25 each. If he sells the MP3 players for $99.99 each, what is the percent of markup? Round to the nearest whole percent. A. 6% B. 36% C. 56% D. 62%
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OpenStudy (anonymous):
99.99 = 64.25 + (x/100)(64.25) x = 55.6 so C
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