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3 years ago

Explain what a markdown is.

Mathematics

1 answer:

KIM [24]3 years ago

8 0

Answer:

Basically a reduction in price

Step-by-step explanation:

In finance, a markdown is a reduction in the price and value of an asset. ... Markdowns are designed to increase sales, so they usually occur when a business cannot sell a product at its current price. By reducing the price, a markdown makes a good or service more desirable for customers.

A markdown is a devaluation of a product based upon its inability to be sold.

You might be interested in

The figure is the net for a rectangular prism.

svetoff [14.1K]

$sa = 2(lw + lh + wh)$

$sa = 2(8 \times 6 + 8 \times 16 + 6 \times 16)$

$sa = {544 \: cm}^{2}$

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I hope that helps you out!!

Any more questions, please feel free to ask me and I will gladly help you out!!

~Zoey

4 0

3 years ago

Read 2 more answers

If ON = 7x - 5, LM = 6x + 4, NM = x + 6, and OL = 8y + 3, find the values of X and Y for which LMNO must be a parallelogram. Ple

Sladkaya [172]

The values of x and y that will make LMNO a parallelogram are: x = 9, y = 1.5.

<h3>Properties of a Parallelogram</h3>

The opposite sides of a parallelogram are parallel to each other and are also of equal lengths.
Diagonals of a parallelogram are congruent to each other and also bisect each other into equal halves.

Therefore:

ON = LM

Substitute

7x - 5 = 6x + 4

Add like terms

7x - 6x = 5 + 4

x = 9

OL = NM

Substitute

8y + 3 = x + 6

Plug in the value of x

8y + 3 = 9 + 6

8y + 3 = 15

8y = 15 - 3

8y = 12

y = 12/8

y = 1.5

Therefore, the values of x and y that will make LMNO a parallelogram are: x = 9, y = 1.5.

Learn more about parallelogram on:

brainly.com/question/7200842

6 0

3 years ago

Can someone please help me-

puteri [66]

Answer:

can be expressed as decimal: 0.025

s= 1.025* $250

= $256.25

after 8 years

s= $250* 1.025^8

~$304.6

earned $54.6

Step-by-step explanation:

2 and a half is equivilant to 2.5

because it is a % (out of 100) move the decimal 2 places down

2.5-->0.25-->0.025

so can be expressed as decimal: 0.025

interest after 1 year is:

original amount of money * (interest rate+1.0)

+1 because you are adding on to 100%. you already have 100%. if it was just the interest rate, the amount of money would go down.

s= 1.025* $250

=1.025* 250

=256.25

interest after 8 years,

that means you have to take the original, and multiply it by the interest rate, then the new original multiply by intrest rate a total of 8 times

to do this use an exponent, because exponents base the total off the total before them. if that makes any sense srry

s= $250* 1.025^8

~$304.6 (I used calculator)

to get her earnings, subtract the new amount of money with her original amount of money

304.6-250

=54.6

$54.6

hope this helps

4 0

3 years ago

Read 2 more answers

mina [271]

Answer:

y inversely proportional to 1/x

y=4, x=16

4=k/16

k=64

find y when x=8

y=64/8

y=8

3 0

3 years ago

The difference of twice a number and five is three. find the number.

Feliz [49]

Let number be x

2x - 5 = 3
2x = 3 + 5
x = 8 / 2
= 4

The number is 4

3 0

4 years ago