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Each metric question receives 2 points. There are 10 metrics questions. Therefore, points dedicated to metrics is 20. 41. Canada's Tire is a retailer that

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Each metric question receives 2 points. There are 10 metrics questions. Therefore, points dedicated to metrics is 20. 41. Canada's Tire is a retailer that sells a variety of items. Included in this variety of items are lawn chairs, which Canada's Tire sells at $40 per unit. Canada's Tire sources these lawn chairs from a wholesaler. The wholesaler gets a 40% markup per lawn chair. The wholesaler buys the lawn chairs from a manufacturer. The manufacturer gets a 50% margin per lawn chair. If the manufacturer's variable cost for each lawn chair is $10, what is the markup (%) of the retailer (i.e., Canada's Tire), rounded to the nearest whole percentage? (A) 115% (B) 43% (C) 138% (D) 14% (E) 30% Each metric question receives 2 points. There are 10 metrics questions. Therefore, points dedicated to metrics is 20. 41. Canada's Tire is a retailer that sells a variety of items. Included in this variety of items are lawn chairs, which Canada's Tire sells at $40 per unit. Canada's Tire sources these lawn chairs from a wholesaler. The wholesaler gets a 40% markup per lawn chair. The wholesaler buys the lawn chairs from a manufacturer. The manufacturer gets a 50% margin per lawn chair. If the manufacturer's variable cost for each lawn chair is $10, what is the markup (%) of the retailer (i.e., Canada's Tire), rounded to the nearest whole percentage? (A) 115% (B) 43% (C) 138% (D) 14% (E) 30%

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