Chic Lady has purchased a shipment of 250 winter coats for $75 per coat. They use 70% markup based on the selling price. They know from experience that 20% of the coats will sell at the end of the season at a 40% discount. What price should they put on the coats at the beginning of the season?

Answer rating: 100% (QA)

To determine the price of the coats at the beginning of the season we need to find the amount of the ... View the full answer