c. An electronics' store buys laser printer at Php 12,950 and sells it at a margin of 50%. Afterseveral months, they decided to mark dowm the price by 20%. Find the reduced price and theamount of mark down.Reduced PriceAmount of Markdown

Printer bought at = Php 12,950 Selling price = Php 12,950 +50% = Php 19,425

c. An electronics' store buys laser printer at Php 12,950 and sells it at a margin of 50%. After several months, they decided to mark down the price by 20%. Find the reduced price and the amount of mark down.

c. An electronics' store buys laser printer at Php 12,950 and sells it at a margin of 50%. After several months, they decided to mark down the price by 20%. Find the reduced price and the amount of mark down.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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c. An electronics' store buys laser printer at Php 12,950 and sells it at a margin of 50%. After
several months, they decided to mark dowm the price by 20%. Find the reduced price and the
amount of mark down.
Reduced Price
Amount of Markdown

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