willlna16 willlna16

17-11-2020
Mathematics

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When an item is marked up by a certain percent and then marked down by the same percent, is the sale price equal to the price before the markup and markdown? Explain.

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meroujanbab800 meroujanbab800

18-11-2020

Answer:

Step-by-step explanation:

For these, you calculate the markup or markdown in absolute terms (you find by how much the quantity changed), and then you calculate the percent change relative to the original value. So they're really just another form of "increase - decrease" exercises. A computer software retailer used a markup rate of 40%.

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