
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
Andrew plans a profit of 12% on the selling price of a toy and his expenses are 20% of sales. If the toy is sold for $8.00, what is the rate of markup on the cost of the toy?
A) 42%
B) 44%
C) 46%
D) 47.06%
E) 50%

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