ISEE Mathematics Achievement Question 75: Answer and Explanation
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Question: 75
5. A particular store has a 100% mark-up from wholesale to retail prices. A dress that costs $130 retail will cost how much wholesale
- A. $260
- B. $100
- C. $90
- D. $65
Correct Answer: D
Explanation:
The correct answer is (D). An item marked up 100% has a retail price twice the wholesale price. The dress now costs $130, which is twice $65.