M Studios sells a camera listed at $400, less 25%. Todd's Factory sells the same camera for
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Question:
M Studios sells a camera listed at $400, less 25%. Todd's Factory sells the same camera for $325. What rate of markdown would Todd's have to offer to match the reduced price at M Studios?
- 8.5%
- 7.5%
- 8.3%
- 8%
- 7.7%
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