If a Product Has a Cost of $42

question 108

Multiple Choice

If a product has a cost of $42.67 and a selling price of $63.33 , what is the markup rate? Round your answer to two decimal places.

• A) 14.84%
• B) 48.42%
• C) 32.62%
• D) 20.65%
• E) 30.65%

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Definitions:

Passing Instruments

A procedural task in healthcare, where tools are handed to a surgeon or another medical professional during a procedure.

Sterilization Indicator

A device or chemical used to verify the effectiveness of sterilization processes, including heat or chemical sterilization.

Postoperative Infection

An infection that occurs after a surgical procedure, potentially at the surgical site or within the body, compromising patient recovery.

Surgical Instrument

A tool or device designed for performing specific actions or carrying out desired effects during a surgery.