alleryStart learning →A retailer adds a mark-up to the wholesale price to get the:
AList price
BDiscount rate
CInterest rate
DSales tax rate
Answer & Solution
Correct answer: A. List price
1. Retail pricing starts from what the retailer paid.
2. The retailer buys at the wholesale price.
3. The retailer then adds a mark-up to the wholesale price to get the list price.
4. The list price is the price the retailer sells the item for.
_Source: OpenStax Prealgebra 2e (CC BY 4.0), Ch 6 'Percents', sections 6.1-6.5_
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