A supplier’s mark-up on all products is 25%. Supplier’s profit margin is…?

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A supplier’s mark-up on all products is 25%. Supplier’s profit margin is…?
A . 20%
B . 30%
C . 75%
D . 15%

Answer: A

Explanation:

Table

Description automatically generated with medium confidence

Text

Description automatically generated with low confidence LO 2, AC 2.1

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