Question
A distributor purchases industrial fans for $153 each. Its profit is 11.00% on selling price and markup is 30.00% on selling price. During a trade
A distributor purchases industrial fans for $153 each. Its profit is 11.00% on selling price and markup is 30.00% on selling price. During a trade show, if the distributor offers a markdown of 9.00% 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
1st Edition
1607962233, 978-1607962236
