If the Rate of Mark-Up on Selling Price of Lettuce

question 187

Short Answer

If the rate of mark-up on selling price of lettuce in a grocery store is 60% of the selling price, what is the rate of mark-up on cost?

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Definitions:

Black College Freshmen

African American students who are in their first year of college or university studies.

Rejection Identification Theory

The idea that people can offset the negative consequences of being targeted by discrimination by feeling a strong sense of identification with their stigmatized group.

Discrimination

Unfair or prejudiced treatment of different categories of people or things, especially on the grounds of race, age, or sex.

Negative Stereotypes

Preconceived and oversimplified beliefs about a particular group of people or things that are mostly unfavorable and can lead to discrimination.