a. MerchantAoperatesonarateofmarkuponcostof45%.Ifshelatermarksthe price of a few items down to their cost in order to attract additional customers
Question:
b. Merchant B operates on a 45% rate of markup on selling price. If he later marks the price of a few items down to their cost in order to attract additional customers to the store, what rate of markdown can he advertise?
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