Circuit World purchased 205 monitors at $125 each and marked them up at 32.00% of the cost
Fantastic news! We've Found the answer you've been seeking!
Question:
Circuit World purchased 205 monitors at $125 each and marked them up at 32.00% of the cost and sold 100 of them at the regular selling price. During a sale, it sold the remaining monitors at a markdown of 30.00%.
a. What is the total cost of the monitors?
b. What are the total sales of the monitors at the two different prices?
c. What is the net rate of markup based on total cost?
d. What is the net rate of markup based on total sales?
Expert Answer:
Total monitor boug ht 205 Cost of eoch moni tor 125 each markup rate 32 Mark down 30 ... View the full answer
Posted Date:
