Explanation Given Information: The amount of Markdown is $ 0.39 and Sale Price is $ 1.29 . Formula used: The Original Selling Price can be calculated using the following equation: Original Selling Price = Sale Price + Markdown or Orig = Sale + MD The Markdown Percent can be calculated using the following equation: Markdown% = Markdown Original Price or MD% = MD Orig Calculation: Consider the provided data, amount of Markdown $ 0.39 and Sale Price $ 1.29 : Assume, MD = $ 0.39 and Sale = $ 1.29 The Original Selling Price of Cantaloupe is: Orig = Sale + MD Substitute MD = $ 0

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 3RE

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To calculate: The Original Selling Price and Markdown percent, for given, amount of Markdown is $0.39 and Sale Price is $1.29.

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Chapter 8.III, Problem 2RE

Chapter 8.III, Problem 4RE

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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 Original Selling Price and Markdown percent, for given, amount of Markdown is $ 0.39 and Sale Price is $ 1.29 .

Solution Summary: The author calculates the Original Selling Price and Markdown percent using the following equation: MD=0.39

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To calculate: The Original Selling Price and Markdown percent, for given, amount of Markdown is $0.39 and Sale Price is $1.29.

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Chapter 8 Solutions