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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 14
a. What is the original selling price of the guitar on sale at Music Mania if the $1,999.99 sale price represents 20% off?
b. How much did the store pay for the guitar if the initial markup was 150% based on cost?
c. What is the percent markup based on selling price?
d. If next month the guitar is scheduled to be on sale for $1,599.99, what is the markdown percent from the original price?
b. How much did the store pay for the guitar if the initial markup was 150% based on cost?
c. What is the percent markup based on selling price?
d. If next month the guitar is scheduled to be on sale for $1,599.99, what is the markdown percent from the original price?
Explanation
Verified
Verified
a)
The sales price of guitar at MM is
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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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