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Use the Table or Graph to Answer the Question What Is the Average Profit for the Store If It

Question 3

Multiple Choice

Use the table or graph to answer the question.
-The following chart shows an appliance storeʹs average percent profit margin on certain items:  Product category  Average profit margin,%  Washer/Dryer 19 Refrigerator 14 Stove 18 Microwave 38\begin{array} { c | c } \text { Product category } & \text { Average profit margin,\% } \\\hline \text { Washer/Dryer } & 19 \\\text { Refrigerator } & 14 \\\text { Stove } & 18 \\\text { Microwave } & 38\end{array} What is the average profit for the store if it lists the price of a particular refrigerator at $800?


A) $304.00
B) $112.00
C) $608.00
D) $98.25

Correct Answer:

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