gmentSessionLocator Solve the following word problem, rounding dollars to the nearest cent. Check My BUSINESS DECISION: THE PERMANENT MARKDOWN You are the manager of World Wide Athlete, a chain of six sporting goods shops in your area. The shops sell 7 racing bikes per week at a retail price of 5561.38. Recently, you the bikes on sale at $605.00. At the sale price, 23 bikes were sold during the one week sale. a. What was your markdown percent on the bikes? Round to the nearest tenth of a percent and do not enter the percent symbol in your answer. 8.52 % b. What is the percent increase in number of bikes sold during the sale? Round percent to the nearest tenth of a percent. Do not enter the percent symbol in your answer 228.57 % c. How much more revenue would be earned in six months by permanently selling the bikes at the lower price rather than having a one-week sale each month? (6 sal weeks in 26 weeks) 3 more revenue d. As manager of World Wide, would you recommend this permanent price reduction based on these results? Yes Hide Feedback ton Type here to search more