Healthy & Wellthy purchases its workout equipment at $900 each and sells them at a price of

Question:

Healthy & Wellthy purchases its workout equipment at $900 each and sells them at a price of $1200. Out of 80 pieces of workout equipement, the store sold 60% of them at the regular selling price, 25% at the sale price, and the remaining at cost.

a. b. What was the store's sale price if they maintained a net rate of markup of 25% based on total cost? What was the rate of markdown offered during the sale?

AppendixLO1

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

Question Posted: