The Horizons Cycle Shop Bought 3 Motorcycles for $2,100, and Sold

question 109

Multiple Choice

The Horizons Cycle Shop bought 3 motorcycles for $2,100, and sold each one for $1,000. The markup percent was:

• A) 33 1/3.
• B) 30.
• C) 142.
• D) 50.
• E) There is not enough information to tell.

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Definitions:

Neandertal

A member of an extinct species of human, closely related to modern humans, that lived in Europe and parts of Asia until about 40,000 years ago.

Acheulean Tool Tradition

An archaeological industry of stone tool manufacture characterized by distinctive oval and pear-shaped hand-axes associated with early humans.

Hand Axe

A prehistoric stone tool, often bifacially flaked to a point or edge, used by early humans for chopping, cutting, and as a general utility tool.

Neandertals

An extinct species or subspecies of archaic humans who lived in Eurasia until about 40,000 years ago, known for their robust build and large brain capacity.