Which Statement Is Correct to Find the Markup Amount When

question 2

Multiple Choice

Which statement is correct to find the markup amount when the cost and selling price are known?

• A) The markup amount is the sum of the selling price and the cost.
• B) The markup amount is the difference between the selling price and the cost.
• C) The markup amount is the markup rate times the cost.
• D) The markup amount is the difference between the markup rate and 100%.

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Definitions:

Medications

Substances used to diagnose, treat, cure, or prevent diseases and relieve symptoms.

Dried Apricots

Apricots that have been dehydrated to remove moisture, concentrating their flavors and extending their shelf life.

Chronic Overeating

The habit of consuming food in quantities significantly higher than the body's energy requirement, often leading to health issues like obesity and heart disease.

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The measure of the body's ability to generate and get rid of heat, critical for maintaining metabolic/homeostatic balance.