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Sagot :
Answer:
- See below
Step-by-step explanation:
Initial cost = $52
Markup for operting expences = 34%
- $52 + 34% = $52*1.34 = $69.68
Markup for profit = 6%
- 69.68 + 6% = 69.68*1.06 = 73.86 (rounded)
a) The selling price is $73.86
b) The reduced price is:
- $73.86 - $25 = $48.86
c) The percent of markdown:
- 25/73.86*100% = 33.85% (rounded)
d) The absolute loss:
- $69.68 - $48.86 = $20.82
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