A sporting goods store advertises a sale on a pair of Nike running shoes. The shoes...
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A sporting goods store advertises a sale on a pair of Nike running shoes. The shoes regularly sell for $189.95 per pair. During the sale the shoes sell for $154.45 per pair. What is the rate of markdown? (2 marks) Question 2 A garden shed has a list price of $2,450.00 with a 12%, 8%, 5% series discount. (4 marks) a) Determine the amount of the discount in dollars. b) Determine the single equivalent rate of discount. A sporting goods store advertises a sale on a pair of Nike running shoes. The shoes regularly sell for $189.95 per pair. During the sale the shoes sell for $154.45 per pair. What is the rate of markdown? (2 marks) Question 2 A garden shed has a list price of $2,450.00 with a 12%, 8%, 5% series discount. (4 marks) a) Determine the amount of the discount in dollars. b) Determine the single equivalent rate of discount.
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Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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