hard · GMAT Quant
A distributor buys a product at cost C and marks it up 50% to sell to a retailer. The retailer then marks up that price further and sells to the public. The overall markup from the distributor's original cost to the final public price is 125%.
By what percent did the retailer mark up the price it paid the distributor?
- 33.3%
- 50%
- 66.7%
- 75%
- 83.3%
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