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A store purchased a shipment of goods for $70.00 per unit, on which it will charge a markup rate of 60.00% on the selling price.

  1. A store purchased a shipment of goods for $70.00 per unit, on which it will charge a markup rate of 60.00% on the selling price. During a sale, the store marked the goods down by 40.00%.
  2.  
  3. a. Calculate the regular selling price of the goods.
  4.  
  5. Round to the nearest cents
  6.  
  7. b. Calculate the reduced selling price of the goods.
  8.  
  9. Round to the nearest cents



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