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The Cost of a Coat Is $80

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The cost of a coat is $80. If the retailer wants a rate of mark-up on selling price of 40%, what is the amount of mark-up on cost?


Definitions:

Make-Table Query

A type of query in a database management system that creates a new table and populates it with data selected from one or more existing tables.

New Table

The creation of a fresh table within a database to store data in a structured format.

Action Query

A type of database query that performs an action on the data, such as inserting, updating, or deleting records.

Append Query

A type of database query used to add new records from one or more sources to the end of a target table without altering existing records.

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