Question
the buyer for accessories received 150 silk ties priced a $20 each. After 30 had been sold, the remaining 120 ties were reduced to $12
the buyer for accessories received 150 silk ties priced a $20 each. After 30 had been
sold, the remaining 120 ties were reduced to $12 for a two-day sale. Of this group 40 ties
were sold. After the sale the buyer marked the remaining ties to $15, and all of these ties
sold for $15. Calculate the net markdown percent
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Accounting A Smart Approach
Authors: Mary Carey, Jane Towers-Clark, Cathy Knowles
2nd Edition
0199674914, 978-0199674916
