If the Cost of One Unit of Product Is $12

question 236

Multiple Choice

If the cost of one unit of product is $12 and the store sells the product for $22, what is the markup percentage?

• A) 32 percent
• B) 41 percent
• C) 45 percent
• D) 21 percent
• E) 66 percent

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Definitions:

Linear Programming

A mathematical technique used to find the best outcome in a given mathematical model with linear relationships.

Problem Solving Software

Computer programs designed to assist with analyzing and solving complex problems, often used in various fields like engineering, mathematics, and business.

Constraint

A limitation or restriction in a system that can affect performance and output, often in the context of production or project management.