Question: Elon bought a refrigerator with marked down 14% during a clearance sale. The selling price is RM500. At this selling price, Elon made a 25%
Elon bought a refrigerator with marked down 14% during a clearance sale. The selling price is RM500. At this selling price, Elon made a 25% markup on the selling price.
a) Find retail price of the refrigerator.
b) Find cost of the refrigerator.
c) Calculate markup per cent of the refrigerator at the retail price.
Step by Step Solution
★★★★★
3.42 Rating (155 Votes )
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
a To find the retail price of the refrigerator we need to calculate the original price before the 14 ... View full answer
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
