Walgreens Drugstores Buys a Bottle of Shampoo from a Wholesaler

question 8

Multiple Choice

Walgreens Drugstores buys a bottle of shampoo from a wholesaler for $3.25 and then places it on a shelf with a price tag of $4.64. What is Walgreens' markup on selling price (expressed as a percent) ?

• A) 20 percent
• B) 26 percent
• C) 30 percent
• D) 43 percent
• E) 48 percent

---

Definitions:

Information-Processing Theory

A cognitive theory that uses computer processing as a metaphor for the operations of the human mind, focusing on how people process, store, and retrieve information.

Behavioral Theory

A theory suggesting that behavior is learned from the environment through the process of conditioning.

Adaptive Theory

A theory suggesting that certain behaviors or physical characteristics have evolved because they increase survival or reproductive success.

Mental Combinations

The ability in early cognitive development where a child can mentally mix, match, and rearrange objects or situations without the need for physical manipulation.