$Markdown Cancellation ($MD Cancellation)

1)The Umberto Company opened a new branch store and ran an ad in the local paper for a 2 for 1 sale.37 blouses, which regularly sold for $32.00 each, would now sell for $1600 each. After the promotion, 23 blouses remained and were returned to their original retail price. What was the $MD cancellation?

2)At the conclusion of a sale, you have 12 items remaining at the reduced price of $12.50 each, and you must return these 12 items to their original retail price of $18.50 each. What is the $MD cancellation?

3)36 belts were marked down for a sale.The belts had originally sold for $15.50 each, but were marked down to $10.50 each during the sale.During the sale, 17 were sold at the reduced price. After the sale, the belts remained unsold were returned to their original price. What is the $MD Cancellation?

Net $Markdown ($NMD)

1)After a sale, the buyer received the following information:

The number of items available for the sale was 20.

The number of items that remained after the sale was 7.

The original retail price per item was $15.50.

The markdown retail price per item was $10.50.

The remaining items are returned to the original retail price.

What is the $NMD for this sale?

2)The Blues Company opened a new branch store and ran an ad in the local paper for a 2 for 1 sale.In essence, 34 scarves which regularly sold for $38.00 each would now sell for $19.00 each.After the promotion, 16 scarves remained and were returned to their original retail price.What was the $NMD for the promotion?