Raul's Furrier marks up mink coats $3,000. This represents a 50% markup on cost. What...

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Accounting

Raul's Furrier marks up mink coats $3,000. This represents a 50% markup on cost. What is the cost of the coats?
Multiple Choice
None of these
$9,000
$1,500
$4,500
$6,000
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