A margin of 25 percent on cost is equivalent to what margin on selling price? (rounded) Select

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A margin of 25 percent on cost is equivalent to what margin on selling price? (rounded)

Select one:

a. 15 percent

b. 20 percent

c. 25 percent

d. 33 percent

Related Book For answer-question

Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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Posted Date: Aug 30, 2022 01:31 AM

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A margin of 25 percent on cost is equivalent to what margin on selling price? (rounded) Select

Question:

Expert Answer:

ANSWER i Correct option is B ii Let us suppose cost price be Rs 100So the Selling ... View the full answer

Business Math

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