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The price a retailer pays for an item is called the:
ADiscount rate
BOriginal cost
CFinal list price
DSale price tag
Answer & Solution
Correct answer: B. Original cost
1. The retailer then adds a mark-up.
2. The price paid is the original cost.
3. Cost plus mark-up gives the list price.
_Source: OpenStax Elementary Algebra 2e, Chapter 3, Solve Percent Applications (CC BY 4.0)._
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