An Item Has a 41

question 23

Multiple Choice

An item has a 41.1% markup based on selling price. What is the equivalent markup percent based on the cost?

• A) 69.8%
• B) 30.2%
• C) 29.1%
• D) 70.9%

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Definitions:

Regulations

Rules or directives made and maintained by an authority to regulate behavior or achieve outcomes.

Wealthy

Having an abundance of financial resources, assets, or material riches, allowing for a lifestyle well above the average.

Countries

Distinct territorial bodies or political entities recognized as independent nations.

Easy-To-Understand

Describes information or content that is accessible and comprehensible to a wide audience, often simplifying complex concepts.