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Answers (Work needs to be shown) a) $285 b) 36.6% Banff Sporting Goods advertises a 40% markdown on a snowboard regularly priced at $475. a.

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Answers (Work needs to be shown)

a) $285

b) 36.6%

Banff Sporting Goods advertises a 40% markdown on a snowboard regularly priced at $475. a. What is the reduced selling price? b. A competitor's regular selling price for the same snowboard is $450. What rate of markdown would that competitor need to advertise in order to match Banff's reduced price

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