Solve the Problem

question 11

Multiple Choice

Solve the problem. Round rates to the nearest tenth of a percent and dollar amounts to the nearest dollar when necessary.
-An office supply store sells a computer disk for $87.95. If the cost is $60.67, find the percent of markup on cost and the equivalent percent of markup on selling price.

• A)69%, 31%
• B)45%, 31%
• C)69%, 145%
• D)45%, 69%

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Definitions:

Connectors

Individuals who play a critical role in communities by linking numerous people across various social or professional groups, enabling the spread of information or trends.

Core Ties

The strong, significant relationships in an individual's social network that offer support, trust, and the exchange of information.

Weak Ties

Refers to the casual or superficial connections in a social network, which can play a crucial role in spreading information and opportunities.

Negative Word

A term that conveys an unfavorable, adverse, or pessimistic meaning.