A Retailer Has Some Skirts That Cost Her $25

question 90

Multiple Choice

A retailer has some skirts that cost her $25. If she sells them for $32.75, find her rate of profit based on the cost.

• A) 26%
• B) 33%
• C) 31%
• D) 30%
• E) none of these

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Definitions:

Humanity

The collective human race or the qualities, such as compassion and kindness, that are considered characteristic of humans.

Moral Law

The principles concerning the distinction between right and wrong behavior, often considered as inherent to human nature or divine command.

Law of Reason

A philosophical idea that moral and legal norms should be grounded in rational thought and logic.

Categorical Imperative

A fundamental principle in the ethical philosophy of Immanuel Kant that requires that individuals act in a manner in which they wish their actions to become universal laws.