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    Practical Business Math Procedures Study Set 2
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    Exam 8: Markups and Markdowns: Perishables and Breakeven Analysis
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    A Wooden Duck with a Regular Selling Price of $109
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A Wooden Duck with a Regular Selling Price of $109

Question 28

Question 28

Short Answer

A wooden duck with a regular selling price of $109.45 is marked down to $69.50. What is the percent of markdown based on the regular price? (Round to the nearest tenth percent.)

Correct Answer:

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Markdown = 109.45 - ...

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