A retailer pays $81 to a wholesaler for an article. The retail price is set using a

Question:

A retailer pays $81 to a wholesaler for an article. The retail price is set using a 40% rate of markup on selling price. To increase traffic to his store, the retailer marks the article down 20% during a sale. What is the sale price?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: