A Large Supermarket Chain Purchases a Box of Cereal from a Food

question 102

Multiple Choice

A large supermarket chain purchases a box of cereal from a food wholesaler.If the supermarket chain uses a markup of 20 percent on its selling price of $2.85,what is the price the supermarket chain paid to the food wholesaler?

• A)$2.12
• B)$2.28
• C)$2.45
• D)$2.55
• E)$2.67

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Definitions:

Neurotransmitter Serotonin

A chemical found in the brain and other areas of the body that transmits signals across the nervous system and plays a key role in regulating mood, sleep, and appetite.

Depressed People

Individuals experiencing a common mental health disorder that is characterized by persistent sadness, loss of interest in activities, and a lack of energy.

Mature Behavior

Exhibiting actions and reactions that are considered appropriate for one's age and experience, often characterized by self-control and consideration for others.

Schools

Educational institutions at which instruction is given in a variety of subjects.