The Merchandise Cost from the Vendor for an MP3 Player

question 63

Multiple Choice

The merchandise cost from the vendor for an MP3 player is $82.50, and the retailer who is selling the device wants to use an initial markup percentage of 67 percent. Calculate the initial retail price.

• A) $149.50
• B) $272
• C) $55
• D) $123
• E) $250

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Definitions:

Roe V. Wade

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Supreme Court

The highest judicial body in a country or state, often having the final say in legal disputes and constitutional matters.

Abortions Regulation

Laws and policies governing the conditions under which abortion is permitted, restricted, or prohibited.

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A cell formed by the union of a male sperm and a female ovum (egg), marking the beginning of human development.