
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
Alice expects a profit of 12% on the selling price of a product and incurs expenses equivalent to 10% of the sales. If a particular item sells for $10.00, calculate the rate of markup on this product.
A) 25%
B) 28%
C) 30%
D) 33%
E) 35%

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