Question: If prices are calculated with a 22% markup based on cost, what is the percent that those prices should be marked down to get back

If prices are calculated with a 22% markup based on cost, what is the percent that those prices should be marked down to get back to their original cost

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!