The Cost of a Coat Is $80

question 50

Multiple Choice

The cost of a coat is $80. If the retailer wants a rate of mark-up on selling price of 40%, what is the amount of mark-up on cost?

• A) $32
• B) $120
• C) $53.33
• D) $150
• E) $50

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Definitions:

Religious

Pertaining to or connected with religion or religious beliefs, practices, and institutions.

Biological

Pertaining to the science of life and living organisms, their structure, function, growth, origin, evolution, and distribution.

Orientalism

A framework of understanding and depicting cultural representations of the East by the West, marked by a broad sense of difference, exoticism, and superiority.

East-West Distinction

A geopolitical and cultural division historically separating oriental (Eastern) and occidental (Western) societies based on differing cultural, social, and economic characteristics.