Use the Table or Graph to Answer the Question What Is the Average Profit for the Store If It

question 3

Multiple Choice

Use the table or graph to answer the question.
-The following chart shows an appliance storeʹs average percent profit margin on certain items: $$\begin{array} { c | c } \text { Product category } & \text { Average profit margin,\% } \\\hline \text { Washer/Dryer } & 19 \\\text { Refrigerator } & 14 \\\text { Stove } & 18 \\\text { Microwave } & 38\end{array}$$ What is the average profit for the store if it lists the price of a particular refrigerator at $800?

• A) $304.00
• B) $112.00
• C) $608.00
• D) $98.25

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Definitions:

New England Colonies

The early 17th-century British settlements on the northeast coast of North America, including Massachusetts, Connecticut, Rhode Island, and New Hampshire, known for their Puritan foundation.

King George's War

The North American theater of the War of Austrian Succession (1740-1748) involving France, Britain, and Spain, characterized by battles for control over North America.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured as a percentage increase in real Gross Domestic Product (GDP).

Britain's North American Colonies

The territories in North America that were under British rule until the American Declaration of Independence in 1776, which included the original thirteen colonies.