Healthy & Wellthy purchases its workout equipment at $900 each and sells them at a price of
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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?
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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