Retail Buying Math Practice

Last quarter sales for a department were $$78,000.$ Sales

for each month in the quarter follow. Calculate the

percentage of sales that occurred each month.

Your planned sales for the current quarter are $$85,800.$

Using the monthly percentages of sales that follow;

calculate the planned sales for each month of the

current quarter.

Your planned reductions for the current quarter

are $$8,000.$ Using the planned monthly reduction

percentages that follow, calculate the dollar amount

of planned reductions for each month of the current

quarter.

Your department uses an initial markup percentage of

$47\mathrm{.}2$ percent. If your planned purchases at retail total

$$15,000,$ calculate your planned purchases at cost$.$

Your department uses an initial markup percentage of

$50\mathrm{.}0$ percent. If your planned purchases at retail total

$$60,335,$ calculate your planned purchases at cost$.$