If the Rate of Mark-Up on Selling Price of Lettuce

question 187

Short Answer

If the rate of mark-up on selling price of lettuce in a grocery store is 60% of the selling price, what is the rate of mark-up on cost?

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Definitions:

Liquidating Dividend

This is a type of dividend paid by a company when it is in the process of shutting down or liquidating its operations, using the assets to pay shareholders.

Special Dividend

A one-time payment made by a company to its shareholders, often indicative of surplus profit not reinvested in the business.

Regular Dividend

A consistent payment made by a company to shareholders out of its profits.