A Large Supermarket Chain Purchases a Box of Cereal from a Food

question 211

Multiple Choice

A large supermarket chain purchases a box of cereal from a food wholesaler. If the supermarket chain uses a markup of 20 percent on its selling price of $2.85, what is the price the supermarket chain paid the food wholesaler?

• A) $2.12
• B) $2.28
• C) $2.45
• D) $2.55
• E) $2.67

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Definitions:

Resting Potential

The electrical charge across the neuronal membrane when the neuron is not actively transmitting a signal, representing a stable state of readiness for activation.

Positively Charged

Having a greater number of protons than electrons, resulting in an electric charge that is positive.

Sympathetic Components

Parts of the sympathetic nervous system, a branch of the autonomic nervous system responsible for the body's 'fight or flight' response.

Parasympathetic Components

Components of the parasympathetic nervous system, which helps to conserve energy and restore the body to a state of calm after periods of stress or danger.