Rounded to the Nearest Whole Percent, a Markup of 35

question 90

Multiple Choice

Rounded to the nearest whole percent, a markup of 35% on cost is equivalent to what percentage of gross profit on selling price?

• A) 26%
• B) 29%
• C) 40%
• D) 60%

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Definitions:

Supra-Orbital Foramen

A hole or notch located above the orbit (eye socket) on the frontal bone, through which nerves and blood vessels pass.

Foramen Lacerum

A triangular opening located at the base of the skull, filled with cartilage, through which certain arteries and nerves pass.

Ethmoid Bone

A spongy bone located between the eyes that forms part of the nasal cavity and the orbits of the eyes.

Crista Galli

A vertical projection of the ethmoid bone in the skull, serving as an attachment point for the dura mater, the outermost membrane covering the brain.