Question
This is a Retail Math questions. I have to figures out the Markdown % and $ for the information provided. I was told i should
This is a Retail Math questions. I have to figures out the Markdown % and $ for the information provided. I was told i should account for a 25% markdown for This Year's Sales (TY Sales). I am not sure how to do the calculations with such limited information.
How do I work this out? I also have to account for 25% markdowns (MD), so how would I calculate the MD % and MD$ for This Year and for Markdowns for Last Year (LY)? There was a decrease in sales from Last Year (LY) to Total Season. This is for apparel seasonal planning for RETAIL MATH.
I copied the math problem and am also uploading an image:
Seasonal Planned Sales % change | -2.9% | ||||||||
TY Sales $ | LY Sales $ | TY Sales % To Total Season | LY Sales % To Total Season | % Change | MD % TY | MD $ TY | MD % LY | MD $ LY | |
Feb | $38,100.5 | 76.9% | |||||||
March | $44,163.2 | 60.1% | |||||||
April | $51,222.6 | 67.5% | |||||||
May | $47,625.0 | 75.6% | |||||||
June | $50,334.9 | 83.5% | |||||||
July | $39,888.0 | 96.0% | |||||||
Total | $271,334.2 | ||||||||
$271,334,200 | |||||||||
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