A 12½% Discount Allowed on an Article Amounted to $25

question 46

Multiple Choice

A 12½% discount allowed on an article amounted to $25.50. What was the list price?

• A) $204.00
• B) $229.50
• C) $3.19
• D) $29.14
• E) $178.50

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Definitions:

Attitudes Towards Money

Individual or collective perceptions and behaviors regarding the use, management, and significance of financial resources.

Seniority-Based Rewards

Compensation or benefits allocated to employees based primarily on their length of service or tenure with an organization.

Higher Turnover

An increased rate at which employees leave a company and are replaced, potentially indicating issues with job satisfaction or organizational culture.

Job Status-Based Rewards

Rewards or recognition provided to employees based on their position, title, or level within the organization.