Julia Parker works in a local bookstore where she sells books for $195.60 each. If she maintains a markup of 35.7% on the selling price, what is the cost of a book to Julia? (Accounting Problem) A. $125.77 B. $169.76 C. $82.32 D. $143.98
Julia Parker works in a local bookstore where she sells books for $195.60 each. If she maintains a markup of 35.7% on the selling price, what is the cost of a book to Julia? (Accounting Problem) A. $125.77 B. $169.76 C. $82.32 D. $143.98
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Julia Parker works in a local bookstore where she sells books for
$195.60 each. If she maintains a markup of 35.7% on the selling
price, what is the cost of a book to Julia? (Accounting Problem)
A. $125.77
B. $169.76
C. $82.32
D. $143.98
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