If a Retailer Buys Shirts for $8 from a Supplier

question 296

True/False

If a retailer buys shirts for $8 from a supplier and then sells them for $15 to customers, the markup percentage is 87.5 percent.

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Definitions:

Howard Gardner

A developmental psychologist best known for his theory of multiple intelligences, which suggests that intelligence is multifaceted, with different types of intelligence being valued in different cultures.

Poetic

Relating to or characteristic of poetry, including elements like rhythm, symbolism, and expressiveness.

Digital

Pertaining to technology that uses digits, particularly binary digits, for information encoding, storage, and transmission.

Creative

pertains to the ability or quality of generating novel and valuable ideas, solutions, or artistic expressions.