Question
Rosa bought leather jackets for her boutique at a cost of $275 each. The jackets were marked up so that operating expenses were 10% of
Rosa bought leather jackets for her boutique at a cost of $275 each. The jackets were marked up so that operating expenses were 10% of the cost and profit was 50% of the selling price. During her annual spring sale, six jackets remained unsold, and Rosa reduced the price to $350 each.
Calculate the following information:
Original selling price:
Profit on original sales price:
Rate of markdown on the remaining six jackets:
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Take The Trade A Floor Trade
Authors: Tony Wilson
1st Edition
979-8218195458
