GMAT Problem Solving

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Source: GWD

Level: 2

John makes wooden bowls and sells each bowl at a price that consists of his cost of making the bowl and a markup amount that is 25 percent of the selling price. What is the selling price of a bowl that cost John $60 to make?

  • A 85
  • B 80
  • C 75
  • D 70
  • E 45

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