A retailer pays $81 to a wholesaler for an article. The retail price is set using a

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A retailer pays $81 to a wholesaler for an article. The retail price is set using a 40% rate of markup on selling price. To increase traffic to his store, the retailer marks the article down 20% during a sale. What is the sale price?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 06:54 AM

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A retailer pays $81 to a wholesaler for an article. The retail price is set using a

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Business Mathematics In Canada

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