If a Haberdasher Purchases a Tie for $12 and Plans

question 132

Multiple Choice

If a haberdasher purchases a tie for $12 and plans to sell it for $18,the percentage of retail price markup would be:

• A)33%.
• B)50%.
• C)175%.
• D)100%.

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Definitions:

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A formal process where professional conduct is reviewed, and disciplinary actions may be taken for violations.

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A legal action taken against a professional, such as a doctor or lawyer, for negligence or incompetence that results in harm to a client or patient.

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