The Cost of a Package of Pencils Is $0

question 41

Multiple Choice

The cost of a package of pencils is $0.75, and the markup amount is $0.30. What is the markup rate of the pencils?

• A) 30%
• B) 35%
• C) 40%
• D) 45%

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Definitions:

Open Sentence

A statement or equation that contains one or more variables, which makes it neither true nor false until the variables are specified.

Variable

An element, feature, or factor that is liable to vary or change.

Closed Sentence

A statement or equation that contains no variables and is either true or false.

Variable

A component, attribute, or aspect that is subject to change or variation.