Bill's Furrier marks up mink coats $3,000. This represents a 50% markup on cost. What is the
Question:
Bill's Furrier marks up mink coats $3,000. This represents a 50% markup on cost. What is the cost of the coats?
A.) 1,500
B.) 6,000
C.) 4,500
D.) 9,000
E.) None of these
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B 6000 Computation of the cost of the coat Given information Marks up cost 300000 Markup on co...View the full answer
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Related Book For 
Income Tax Fundamentals 2015
ISBN: 9781305177772
33rd Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
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