A distributor purchases industrial fans for $148 each. Its profit is 9.00% on the selling price and its markup is 25.00% on the selling price. During a trade show, if the distributor offers a markdown of 8.50% on its fans, calculate the reduced profit or loss made per fan.

Round to the nearest cent. Express a loss as a negative

Answer rating: 100% (QA)

p sp cp sp cp p sp cp 1 m p p m m 0 09 sp 148 1 09 sp 161 32 m 0 08 5 sp 161 32 0 91... View the full answer