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As a Source of Income After Retirement, Ian Donnelly Sells

question 44

Short Answer

As a source of income after retirement, Ian Donnelly sells an assortment of hard-to-find, specialty hardware items out of his home. Ian buys a pair of small "ratchet-style" pruning clippers for $15 each and sells them for $45 each. What is the markup percent based on selling price?


Definitions:

Dermis

The layer of skin beneath the epidermis, containing blood capillaries, nerve endings, sweat glands, and hair follicles.

Major Tissue Types

The four predominant categories of tissues in the body: epithelial, connective, muscle, and nervous tissues.

Dermis

The thick layer of living tissue below the epidermis in mammalian skin, containing blood capillaries, nerve endings, sweat glands, and hair follicles.

Epithelial Tissue

A tissue type that lines the tubes, hollow organs, and cavities of the body.

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