PLEASE SHOW WORK! $2.$ A local produce stand decided to extend their season by selling Christmas trees in November and

December. The stand$$s owner purchased $500$ locally grown Christmas trees. They cost $$10$ each, and

were priced at $$50$ each. Unfortunately, the trees did not sell as well as expected and the owner

needed to take markdowns of $65\%$ to sell them.

What is the initial margin percent on the Christmas trees? What is the maintain margin percent?

$(2$ points$)$

$3.$ If the produce stand in Q$2$ made sales of $$8,000,$ what were their maintain margin $$?$

Did the produce stand make a profit? Would you suggest they try selling Christmas trees again next year? Why or why not? $(2$ points$)$

$4.$ Every morning Neighbor$$s Restaurant purchases fresh pastries from a local bakery. These cost $$\mathrm{.}75$

each. They are sold to customers for $$3\mathrm{.}00$ each. Whatever rolls do not sell that morning are sold the

next day as $$day old$$ baked goods. The markdown percent is $100\%.$

What is the initial margin percent on the pastries? What is the maintain margin percent? Did

Neighbor$$s Restaurant make a profit on the pastries? $(2$ points$)$