5. A product that regularly sells for 425 is marked down to 318.75. What is the markdown rate? 6. A product is marked down 15%; the sale price is 127.46. What was the original price?
5. A product that regularly sells for 425 is marked down to 318.75. What is the markdown rate? 6. A product is marked down 15%; the sale price is 127.46. What was the original price?
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Question
5. A product that regularly sells for 425 is marked down to
318.75. What is the markdown rate?
6. A product is marked down 15%; the sale price is 127.46. What
was the original price?
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