Question: A product was marked up 6 5 % by a retailer using the margin pricing method. It is selling at $ 4 9 . 9

A product was marked up 65% by a retailer using the margin pricing method. It is selling at $49.99. What was its original cost to the retailer? (Round numbers up to one decimal throughout the calculation)
Question 4 Select one:
a.
$15.55
b.
$219.25
c.
None of these is correct
d.
$17.50
e.
$15.70

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