a. MerchantAoperatesonarateofmarkuponcostof45%.Ifshelatermarksthe price of a few items down to their cost in order to attract additional customers
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b. Merchant B operates on a 45% rate of markup on selling price. If he later marks the price of a few items down to their cost in order to attract additional customers to the store, what rate of markdown can he advertise?
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a S C M C 045 C 145 C D S S reduc...View the full answer
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Shehar bano
I have collective experience of more than 7 years in education. my area of specialization includes economics, business, marketing and accounting. During my study period I remained engaged with a business school as a visiting faculty member and did a lot of business research. I am also tutoring and mentoring number of international students and professionals online for the last 7 years.
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