The Markup on a Desk Should Be 31% Based on Selling

question 5

Multiple Choice

The markup on a desk should be 31% based on selling price. If the seller paid $240 for one, then how much should it sell for to achieve the desired markup?

• A) $314.40
• B) $347.83
• C) $774.19
• D) $405.60

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Definitions:

Teens

Individuals in the age range of 13 to 19, encompassing the period of adolescence when children develop into adults.

Young Adults

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Beer

An alcoholic beverage produced by the fermentation of sugars derived primarily from malted barley, and often flavored with hops.

American Radio Stations

Broadcasting services in the United States that offer audio content to the public, ranging from music, news, sports, and talk shows, often regulated by the Federal Communications Commission (FCC).