A pair of shoes listed at $70 less 20% is purchased by a merchant who sells them for $98. What is the merchant's rate of mark-up on selling price?
A) 42.86%
B) 75%
C) 40%
D) 28.57%

Question

A pair of shoes listed at $70 less 20% is purchased by a merchant who sells them for $98. What is the merchant's rate of mark-up on selling price?
A) 42.86% 
B) 75% 
C) 40% 
D) 28.57%

Quizplus · Accepted Answer

The Answer of A pair of shoes listed at $70 less 20% is purchased by a merchant who sells them for $98. What is the merchant's rate of mark-up on selling price?
A) 42.86% 
B) 75% 
C) 40% 
D) 28.57%

A Pair of Shoes Listed at $70 Less 20% Is