Question
A distributor purchases industrial fans for $147 each. Its profit is 11.00% on selling price and markup is 35.00% on selling price. During a trade
A distributor purchases industrial fans for $147 each. Its profit is 11.00% on selling price and markup is 35.00% on selling price. During a trade show, if the distributor offers a markdown of 7.50% on its fans, calculate the reduced profit or loss made per fan.
Round to the nearest cent. Express a loss as a negative
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
9th Edition
0814408648, 978-0814408643
