Explanation Given Information: The original selling price of the file cabinet is $ 98 and markdown percent is 60 % . Formula used: The sale price can be calculated using the following equation: Sale Price = Original Selling Price ( 100% − Markdown percent ) Calculation: Consider the provided data, The original selling price of the file cabinet is $ 98 and markdown percent is 60 % . So, Original Selling Price = $ 98 and Markdown percent = 60 %

Contemporary Mathematics for Business & Consumers

8th Edition

ISBN: 9781305585447

Author: Robert Brechner, Geroge Bergeman

Publisher: Cengage Learning

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Chapter 8.III, Problem 15RE

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To calculate: The selling price of a file cabinet if the original selling price is $98 and markdown percent is 60%.

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Chapter 8.III, Problem 14RE

Chapter 8.III, Problem 16RE

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Chapter 8 Solutions

Contemporary Mathematics for Business & Consumers

Ch. 8.I - For the following, use the basic retailing...Ch. 8.I - For the following, use the basic retailing...Ch. 8.I - Prob. 3TIE Ch. 8.I - Prob. 4TIE Ch. 8.I - Prob. 5TIE Ch. 8.I - Prob. 6TIE Ch. 8.I - Prob. 1RE Ch. 8.I - For the following items, calculate the missing...Ch. 8.I - Prob. 3RE Ch. 8.I - For the following items, calculate the missing...

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The selling price of a file cabinet if the original selling price is $ 98 and markdown percent is 60 % .

Solution Summary: The author explains the formula used to calculate the selling price of a file cabinet.

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To calculate: The selling price of a file cabinet if the original selling price is $98 and markdown percent is 60%.

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Chapter 8 Solutions