3) A distributor purchases industrial fans for $150 each. Its profit is 10.00% on selling price and markup is 30.00% on selling price. During a trade show, if the distributor offers a markdown of 9.50% on its fans, calculate the reduced profit or loss made per fan.

Answer rating: 100% (QA)

Calculating the Reduced Profit per Fan Heres how to determine the reduced profit or loss per fan 1 C... View the full answer