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In a detailed cost breakdown, a company has a salary cost of 9%, raw materials...

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In a detailed cost breakdown, a company has a salary cost of 9%, raw materials cost 51% and overheads cost 24%. Which of the following represents the mark-up of that company?

A.

Approximately 84%

B.

Approximately 19%

C.

Approximately 116%

D.

Approximately 16%

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