A Retailer Buys T-Shirts for $12 $6 \frac{2}{3} \%$ B) 500%
C)

question 255

Multiple Choice

A retailer buys T-shirts for $12.50. They are marked up to cover overhead of 40% of cost and a profit of 10% of cost. What is the rate of markdown if the T-shirts are sold at the break-even price?

• A) \(6 \frac{2}{3} \%\)
• B) 50.0%
• C) \(26 \frac{2}{3} \%\)
• D) 23.3%
• E) \(33 \frac{1}{3} \%\)

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Definitions:

Size Limits

Refers to the maximum and minimum dimensions allowable for a manufacturing part or material.

Characteristic Symbol

A symbol assigned to specific features in technical drawings or diagrams to represent the type of characteristic or tolerance specified.

Angularity

Measures the angle deviation of a specified surface or feature from a specified reference, often used in geometric dimensioning and tolerancing.

Geometric Tolerances

The permissible limits of variation in the geometry of a part, detailed in technical drawings to ensure parts are manufactured consistently.