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DeWitt Company sells a kitchen set for $335. To promote July 4, DeWitt ran the following advertisement: Beginning each hour up to 4 hours we
DeWitt Company sells a kitchen set for $335. To promote July 4, DeWitt ran the following advertisement: Beginning each hour up to 4 hours we will mark down the kitchen set 11%. At the end of each hour, we will mark up the set 3%. Assume Ingrid Swenson buys the set 1 hour 50 minutes into the sale. What will Ingrid pay? Note: Round your answer to the nearest cent. What is the markdown percent
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