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Question 17 (2 points) United Furniture purchased RF42 model refrigerators from Samsung for $2751 each in 2012. The store marked up the price by 30%

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Question 17 (2 points) United Furniture purchased RF42 model refrigerators from Samsung for $2751 each in 2012. The store marked up the price by 30% of the regular selling price. The store's overheads were estimated to be 10% of the regular selling price of each refrigerator in 2012. Following Christmas, Samsung introduced a new model. In order to make space for the new model, United Furniture decided to sell the RF42 model refrigerators at a markdown which results into a break-even. Calculate the markdown. 25% 20.5% 20% 15%

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