Complete the cost price rule
Exercise and reference answers
- Missing parts
- Answer
- buying
- Choices
- buying
- marked
- sale
- Answer
- overhead
- Choices
- overhead
- tax
- discount
- Answer
- larger
- Choices
- larger
- smaller
- the same
- Complete the statement
- Cost price is the {0} price plus any {1} expenses incurred after buying. Leaving those out makes the profit look {2} than it is.
Explanation
The reason a seller can lose money on a sale that looks profitable. Source: syllabus Maths, Ch 7 Comparing Quantities.