High Tech Heaven purchased laptops for $263.50 each, less 10%. The store's rate of markup is 25%
Question:
High Tech Heaven purchased laptops for $263.50 each, less 10%. The store's rate of markup is 25% on selling price and the store's profit is 15% on cost. During a sale, the laptops were marked down and sold at break-even price.
a. What was the regular selling price of each laptop?
b. What was the sale price?
c. 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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