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ASVAB · Question #79
ASVAB Question #79: Real Exam Question with Answer & Explanation
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Question
A technology reseller purchasing agent procured 20 mid-brand DVD players for the listed wholesale price of $80 each. He receives a 25% discount because he is an established customer and friend of the wholesale dealer. His store then sells these DVD players at a 20% markup above the original wholesale price. What is the store's profit margin on each DVD player?
Options
- A$16
- B$72
- C$20
- D$36
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