Reduced Price = $22

Question 34

Multiple Choice

Reduced price = $22.21; markdown rate = 35%. Find the original price and the markdown amount.

A) Original price = $14.44
Markdown amount = $7.77
B) Original price = $34.17
Markdown amount = $11.96

Related Questions

Q29: Murry, a retailer, marks up hardware 28%

Q30: An item is originally priced to sell

Q31: An item has a 30.1% markup based

Q32: Markdowns are usually the result of:<br>A) lack

Q33: The costs associated with running a business

Q35: A set of speakers that costs $91

Q36: Cost is the base when markup is

Q37: To find the cost of a product,

Q38: In arriving at a markup on merchandise,

Q39: If costs and expenses are greater than