
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 aims to achieve a profit of 25% on the selling price of a product, and his overhead costs amount to 20% of the selling price. If the product sells for $8, what is the rate of markup on the cost?
**A)** $75\%$
**B)** $80\%$
**C)** $81\%$
**D)** $81.82\%$
**E)** $83\%$

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