A Client Just Paid $40,500 for a Diamond Necklace

question 72

Multiple Choice

A client just paid $40,500 for a diamond necklace. If the percent markup based on cost is 115%, what was the cost?

• A) $17,635.71
• B) $18,837.21
• C) $37,237.76
• D) $35,217.39

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Definitions:

Supine Position

A position where a person lies flat on their back with the face up.

Chest Expansion

The increase in chest size due to the movement of the ribs and diaphragm during inhalation.

Informed Consent

A process through which a patient voluntarily confirms their willingness to participate in a particular treatment, after having been informed of all the potential risks, benefits, and alternatives.

Surgical Consent

A legal document signed by a patient or their guardian that authorizes medical personnel to perform a surgical procedure, acknowledging the patient has been informed of the risks, benefits, and alternatives.