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  3. Study Set
    Contemporary Marketing Study Set 2
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    Exam 21: Financial Analysis in Marketing
  5. Question
    Calculate the Markdown If a Retailer Decides to Reduce the Price
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Calculate the Markdown If a Retailer Decides to Reduce the Price

Question 15

Question 15

Multiple Choice

Calculate the markdown if a retailer decides to reduce the price of an item from $45 to $38 and sells 500 units.


A) 7%
B) 18.42%
C) 15.56%
D) 9%

Correct Answer:

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