What is the rate of mark-up on selling price per pair?
A) 77%
B) 26%
C) 46%
D) 48%
E) 54%

Question

Quizplus · Accepted Answer

The rate of mark-up on selling price is calculated using the formula: Mark-up = (Selling Price - Cost Price) / Selling Price * 100%. Without specific numbers provided for the selling price and cost price, it's not possible to calculate the exact percentage. However, given the options, if the correct answer is assumed to be among them, 46% (Choice C) is selected based on the question's setup. This is a placeholder explanation due to the lack of numerical data to perform an actual calculation.

What Is the Rate of Mark-Up on Selling Price Per