A distributor purchases industrial fans for $148 each. Its profit is 9.00% on selling price and markup is 25.00% on 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.

Answer rating: 100% (QA)

Calculating the Reduced Profit per Fan after a Markdown Heres how to calculate the reduced profit or ... View the full answer