Question: 8 2 8 . DeWitt Company sells a kitchen set for $ 4 7 5 . To promote July 4 , DeWitt ran the following

8 28 .

DeWitt Company sells a kitchen set for $

475 .

To promote July

4,

DeWitt ran the following advertisement: Beginning each hour up to

4

hours we will mark down the kitchen set

10 % .

At the end of each hour, we will mark up the set

1 % .

Assume Ingrid Swenson buys the set

1

hour

50

minutes into the sale. What will Ingrid pay? Round each calculation to the nearest cent. What is the markdown percent? Round to the nearest hundredth percent. LU

8 - 3 (1)

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