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Circut World purchased 215 monitors at $115 each and marked them up at 28.00% of the cost and sold 90 of them at the regular
Circut World purchased 215 monitors at $115 each and marked them up at 28.00% of the cost and sold 90 of them at the regular selling price. During a sale, it sold the remaining monitors at a markdown of 35.00%.
a. What is the total cost of the monitors?
Round to the nearest cent
b. What are the total sales of the monitors at the two different prices?
Round to the nearest cent
c. What is the net rate of markup based on total cost?
%
Round to two decimal places
d. What is the net rate of markup based on total sales?
%
Round to two decimal places
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