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A lakeside resort offered a midweek package at $180 per night for two people. The package included accommodation in a one-bedroom suite, which regularly sold
A lakeside resort offered a midweek package at $180 per night for two people. The package included accommodation in a one-bedroom suite, which regularly sold for $344, breakfast for two, regularly priced at $12 per person, and a 30% discount on spa services, a value of $20 per person. (a) What was the overall markdown at which the packages were sold? (b) What was the overall rate of markdown at which the packages were sold? A patio set cost a retailer $487.00 less 16,3%, 11%, 3%. Markup is 53% of the regular selling price. During the end-of-season sale, the patio set is marked down 18%. (a) What is the end-of-season sale price? (b) What rate of markup based on cost will be realized during the sale
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