alleryStart learning →A retailer adds a mark-up to the original cost in order to arrive at the:
ALoud parade
BList price
CLast prize
DLost paper
Answer & Solution
Correct answer: B. List price
1. The retailer pays one price and sells at another.
2. The gap between the two is the mark-up.
3. Adding the mark-up to the original cost gives the list price.
4. That is the price the item is sold for.
_Source: OpenStax Elementary Algebra 2e (CC BY 4.0), Ch 3 'Math Models', sections 3.1-3.5_
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