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A business pays $68 for a car seat and wants a 24% markup for operating expenses as well as a 6% markup for profit.
A business pays $68 for a car seat and wants a 24% markup for operating expenses as well as a 6% markup for profit. However, customers think the car seats are ugly, so they are not selling. Management reduces the price of each car seat by $30 to get rid of them. Find: A. the selling price $ B. the reduced price $ C. the percent markdown % D. Which one, profit, operating loss, or absolute loss? E, What is the amount of profit, operating loss, or absolute loss? $
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