At a local supermarket, Linda saw a box of plant fertilizer that was retailed at $25 but was marked down to $20.99. Given this information, $20.99 is the _____.

Question

Quizplus · Accepted Answer

$20.99 is the price of the fertilizer, as stated in the question. Dividend refers to the portion of a company's profits that is distributed to shareholders, margin refers to the difference between the cost and the selling price of a product, and profit refers to the amount earned after deducting expenses from revenue. None of these terms apply to the given scenario.

At a Local Supermarket, Linda Saw a Box of Plant