An Item Sells for $85

question 216

Short Answer

An item sells for $85. The cost of the item is $50 and overhead expenses are estimated to be 25% of the selling price. What is the rate of mark-up on selling price of the item?

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Definitions:

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A controversial concept in Freudian psychoanalytic theory that suggests the female child experiences anxiety upon realizing she does not have a penis.

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