Question: anawer this question using the correct formula Formulas for Retailing Math Posted on: Thursday, November 12, 2020 7:19:36 PM EST Below, find the formulas that

anawer this question using the correct formula Formulas for Retailing Math Posted on: Thursday, November 12, 2020 7:19:36 PM EST Below, find the formulas that we talked about in the Retailing class. These will come! me handy in solving the retailing math practice problems. 1. Markup Selling Price - Cost 2. Original Markup Orginal Selling Price - Retailer's Cost 3. Maintained Markup - Final Selling Price - Retailer's Cost Markup rate is the % increase in price Markdown rate is the % decrease in price (is also the discount rate) You can use the following formulas to solve most markup/markdown problems 4. Selling Price - (1 markup rate) * Original Price 5. Selling price =(1-markdown rate) * Original Price 6. Markdown in absolute terms - Original Price - Final Price 7. Markdown Rate (MD in absolute terms / Original Price) *100 QUESTION 49 Bloomingdales is having a sale on mattresses. Originally, the mattress was being sold at $800, Bloomingdales decides to give a discount of 12% on the original price and an additionally 10% on the discounted price. The final price of the mattress and the total markdown in absolute terms are and respectively $633,6; 5166.4 $166.4: 5633.6 $653.6: $196,8 $653.6, $126.8

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