Shirts were purchased for $12.50 each and were marked up by $16.75. During Christmas, they were discounted

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Shirts were purchased for $12.50 each and were marked up by $16.75. During Christmas, they were discounted by $5.85 per shirt.

a. What was the rate of markdown?

b. What was the reduced selling price per shirt?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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