Question
You are a department manager for womens dresses and suits. Your merchandise buyer tells you that she realized an $85 markup on a Jessica London
You are a department manager for womens dresses and suits. Your merchandise buyer tells you that she realized an $85 markup on a Jessica London black womans suit. You know that her markup is 25 percent of retail.
a) What did the suit cost the buyer when it was purchase from the vendor?
b) What will be initial retail price of the suit before any markdowns?
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Algorithmic Finance A Companion To Data Science
Authors: Christopher Hian-ann Ting
1st Edition
9811238308, 978-9811238307
