Over the course of a year, a retailer adjusts the price of an item as indicated below.
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Question:
Over the course of a year, a retailer adjusts the price of an item as indicated below. Calculate the current price after each adjustment. Round each calculation to the nearest cent,as needed.
Adjustments: | #1 Markdown | #2 Markdown | #3 Markup | #4 Markdown |
---|---|---|---|---|
Original Price: $9,000 | 10% | 15% | 5% | 8% |
Current Price: | A | B | C | D |
A. After first adjustment, Price = __________________
B. After second adjustment, Price = __________________
C. After third adjustment, Price = __________________
D. After final adjustment, Price = __________________
Related Book For
Modern Advanced Accounting In Canada
ISBN: 9781259066481
7th Edition
Authors: Hilton Murray, Herauf Darrell
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