Business

15 January, 12:13

Old Navy wants to introduce a new line of fleece pullovers. They have an extra lining that makes them even better at keeping out the cold than the previous year's pullovers. It costs Old Navy $10 to acquire each pullover from the manufacturer. Old Navy then sells each pullover for $25. What percent markup is Old Navy using?

A. 60%

B. 250%

C. 40%

D. 150%

E. 25%

+2

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