GA Contractor drive mode. Estimating & Bidding. 10 questions.
Question 1 of 10.
A bid is priced at 125,000 dollars on an estimated cost of 100,000 dollars. What are the markup and the margin?
A: Markup 20 percent, margin 20 percent
B: Markup 25 percent, margin 20 percent
C: Markup 20 percent, margin 25 percent
D: Markup 25 percent, margin 25 percent
NEXT: A · B · C · D
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