This problem involves basic calculation.
Determine the maintained markup percentage for a refrigerator that costs a retailer $365 to stock and that sells for $690; the store wants to mark down the refrigerator 30 percent.
What is the answer?
A.24%
B.28%
C.12%
D.18%
Please explain.
Determine the maintained markup percentage for a refrigerator that costs a retailer $365 to stock and that sells for $690; the store wants to mark down the refrigerator 30 percent.
What is the answer?
A.24%
B.28%
C.12%
D.18%
Please explain.