A 33 1/3 Percent Markup on Selling Price Equals a 50

question 7

True/False

A 33 1/3 percent markup on selling price equals a 50 percent markup on cost.

---

Definitions:

Essential Basis

The fundamental or core foundation upon which a concept, theory, or system is built or operates.

Marriage

A legally and socially sanctioned union between individuals that establishes rights and obligations between them, as well as between them and their children.

Love

A complex set of emotions, behaviors, and beliefs associated with strong feelings of affection, protectiveness, warmth, and respect for another person.

Predictor Of Divorce

Factors or indicators that statistically correlate with higher chances of a marriage ending in divorce.