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:

Product Development

The process of creating, designing, and bringing a new product to market.

Drawings

Artistic representations or diagrams made using a pen, pencil, or other implements on a surface.

Photographs

are images captured by a camera, used to record or express scenes, events, or portraits.

Photographs

Photographs are images captured by a camera that visually record scenes, people, or objects, preserving moments in time for future reference or enjoyment.