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iu points SWA 4) Raymond's Furniture purchased 142 model refrigerators from Samsung for $2751 ach in 2000. The store marked up the price by 10%
iu points SWA 4) Raymond's Furniture purchased 142 model refrigerators from Samsung for $2751 ach in 2000. The store marked up the price by 10% of the regular selling price. The store's overheads were estimated to be 10% of the regular selling price of each retrigerator in 2012. Following Christmas, the manufacturer introduced a new model. In order to make space for the new model, Raymond's Furniture decided to sell the RF42 model retrigerators at a markdown which results into a break even. Calculate the markdown
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