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    Exam 4: Mathematics of Merchandising
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    A Retailer Sells All Goods on a Rate of Mark-Up
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A Retailer Sells All Goods on a Rate of Mark-Up

Question 60

Question 60

Multiple Choice

A retailer sells all goods on a rate of mark-up on cost of 25%. If she later marks down any unsold products to their cost, what is the rate of markdown?


A) 25%
B) 15%
C) 30%
D) 17.5%
E) 20%

Correct Answer:

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