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A lakeside resort offered a midweek package at $189 per night for two people. The package included accommodation in aone-bedroom suite, which regularly sold for
A lakeside resort offered a midweek package at $189 per night for two people. The package included accommodation in aone-bedroom suite, which regularly sold for $290, breakfast fortwo, regularly priced at $13 perperson, and a 20% discount on spaservices, a value of $40 per person.
(a) What was the overall markdown at which the packages weresold?
(b) What was the overall rate of markdown at which the packages weresold?
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