TV prime s Luna's Electronics purchased TV's trom the manufacturer for $625 each less discounts of 20%
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Question:
TV prime s Luna's Electronics purchased TV's trom the manufacturer for $625 each less discounts of 20% and 10%. The regular markup on 40% of the regular selling price, and Luna's expenses are 15% of the regular selling price the Boxing day sale, the sales price was reduced to $562.50
(a) what was Luna's cost for each TV? (
b) What the regular selling price?
(c) What the rate of markdown for the sale?
Expert Answer:
a To find Lunas cost for each TV we need to calculate the price after applying the discounts Discoun... View the full answer
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