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The jewelry buyer bought 3,000 holiday motif jewelry boxes to retail for $19.99.At full price only 100 boxes sold.The buyer took a permanent markdown to
The jewelry buyer bought 3,000 holiday motif jewelry boxes to retail for $19.99.At full price only 100 boxes sold.The buyer took a permanent markdown to $14.99 and 840 boxes sold. The buyer then took a second permanent markdown to $9.99 and 1,200 boxes sold.(21 points)
Calculate the following:
a. The permanent markdown $ for the jewelry box sale.
b. The sales dollars generated.
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