Assume That the Cost of One Unit of Product Is

question 185

Multiple Choice

Assume that the cost of one unit of product is $8 and the store sells the product for $15.What is the markup percentage?

• A) 46.7 percent
• B) 41.3 percent
• C) 150.3 percent
• D) 214.5 percent
• E) 66.3 percent

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Definitions:

Smart Sales

Sales strategies that leverage technology and data analytics to optimize the selling process and improve customer interactions.

Sales Call Objective

The goal or intended outcome of a sales call, which could range from introducing a product to closing a deal.

Purchasing Policies

Established principles or rules governing the process of acquiring goods or services in an organization.

Customer Profile

A detailed description of a business's typical or ideal customers, including demographic, psychographic, and behavior information.