
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
John plans a profit of 20% on the selling price of an article and his expenses are 15% of sales. The rate of markup on an article that sells for $10.00 is:
**A)** 50%  
**B)** 52%  
**C)** 53.85%  
**D)** 55%  
**E)** 60%

Present the answer in LaTex format: \boxed{Your answer}
user