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majarm majarm
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6 years ago
A piece of jewellery costing $150 was marked up by 40% of the selling price. During the stores silver jubilee sale, the selling price was reduced to $175. What was rate of markdown during the sale?
A) 40%
B) 16.7%
C) 14.3%
D) 30%
E) 42.9%
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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SupremeSupreme
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Posts: 375
6 years ago
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majarm Author
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6 years ago
You make an excellent tutor!
ky
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Thanks for your help!!
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This calls for a celebration Person Raising Both Hands in Celebration
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