Question
A store purchases a product for $2.65 each and sells it with a markup of 15% on cost. To clear inventory, the store sells the
A store purchases a product for $2.65 each and sells it with a markup of 15% on cost. To clear inventory, the store sells the product at cost. Calculate the rate of markdown %
Round to two decimal places
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Foundations Of Financial Management
Authors: Stanley B Block, Geoffrey A Hirt
12th Edition
0073295817, 9780073295817
