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What is percentage markup on cost

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    Assignment ID: FG132541040

    Question 1: Partridge Co. has produced a product with a total unit cost of $80 and a desired ROI per unit of $30. If Partridge Co.’s target selling price is $110, what is its percentage markup on cost?
    Option 1: 138%
    Option 2: 100%
    Option 3: 50%
    Option 4: 37.50%

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