question archive Mr

Mr

Subject:EconomicsPrice: Bought3

Mr. Small, the store manager for Jay's Appliance, is having a difficult time placing a selling price on a refrigerator that cost $410. Mr. Small knows his boss would like to have a 45% markup based on cost. The selling price should be:

A). $745.45
B). $754.54
C). $594.50
D). $549.50
E). None of these

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