Author Question: If an item costs a retailer 75 and the retailer's markup percentage is 30 percent based on cost, ... (Read 134 times)

Arii_bell

  • Hero Member
  • *****
  • Posts: 596
If an item costs a retailer 75 and the retailer's markup percentage is 30 percent based on cost, what is the retailer's selling price?
 a. 22.50
  b. 97.50
  c. 208.33
  d. 283.33
  e. Cannot be determined with the information provided.

Question 2

As a rule, the more merchandise customers are exposed to, that is presented in an orderly manner, the less they tend to buy.
 
 Indicate whether the statement is true or false



frankwu0507

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

B

Answer to Question 2

F



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

For a complete list of videos, visit our video library