Solve the Problem

question 36

Multiple Choice

Solve the problem. Round rates to the nearest whole percent and dollar amounts to the nearest cent.
-The Oak Gallery had a clearance sale during which it sold an oak coffee table for $233. If the cost was $164 and the operating expenses were 25% of cost, find the amount of profit or loss.

• A)$17.25 loss
• B)$28.00 profit
• C)$17.25 profit
• D)$28.00 loss

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Definitions:

Fixation

An obsessive interest or feeling towards a person or idea, or in psychoanalytic theory, a failure to progress beyond a developmental stage.

Oedipus Complex

A psychoanalytic concept that describes a child's feelings of desire for the opposite-sex parent and jealousy and rivalry with the same-sex parent.

Psychosexual Stage

Stages in Freudian psychoanalysis that map out the development of personality and sexual orientation from childhood through adulthood.

Unconscious Sexual Feelings

Sexual desires or thoughts that are not consciously acknowledged but influence behaviors and emotions.