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alekssr [168]
3 years ago
11

swimsuit buyer reduced a group of designer swimwear from $75.00 to $50.00 for a special sale. If 40 swimsuits sold at the reduce

d price and the remaining 25 swimsuits were returned to the original price after the sale, calculate the total markdowns, markdown cancellations, and net markdown achieved.
Mathematics
1 answer:
Klio2033 [76]3 years ago
6 0

Answer:

The original price is = $75

The reduced price = $50

So, price reduced is = 75-50=25 dollars

Total swimsuits are = 40+25=65

Total markdown = 65\times25=1625 dollars

Now, 25 swimsuits were returned to the original price. Means 25 swimsuits were returned to $75, increasing $25 again.

So, markdown cancellation = 25\times25=625 dollars

Net markdown = total markdown - markdown cancellation

= 1625-625=1000 dollars

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