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

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Definitions:

Chemical Bases

Substances that can accept hydrogen ions in solution, often characterized by the presence of a hydroxide ion.

DNA

DNA, short for Deoxyribonucleic Acid, houses the genetic guidelines necessary for the growth, development, functioning, and reproduction of all known life forms and a variety of viruses.

Recipe

A set of instructions for preparing a specific food dish, including a list of ingredients and the method of preparation.

Darwin's Theory

Refers to Charles Darwin's proposal of natural selection as the mechanism for evolution, explaining how species adapt and change over time.