1. A business purchases pre-hung doors for a list price of $241 less discounts of 20% and 30%. The business then marks the doors up 12% of selling price for overhead and 25% of cost for profit.

a. What is the net price of the doors?

b. What is the selling price of the doors?

c. What is the ROMU?

d. What is the GPM?

During a sale, the doors are marked down to sell at cost. What is the ROMD?

During a different sale, the doors are marked down so that the business breaks even. In this case, what is the ROMD?

2. A business has a ROMU of 50%. The business sells power tools for $315.

a. What is the GPM?

b. What is the cost?

c. What is the markup?