A dress was originally selling for $150. Due to changing styles the 1st markdown was 10% and the second markdown was 20%. The dress still did not sell so a final markdown of 5% was taken. The sale price is currently:

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Business

Nikolai Taylor

17 November, 10:15

A dress was originally selling for $150. Due to changing styles the 1st markdown was 10% and the second markdown was 20%. The dress still did not sell so a final markdown of 5% was taken. The sale price is currently:

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Answers (1)

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Mariela · Answer 1

Answer:$112.5

Explanation: markdown price represent the reduced price at which goods is being offered to the public for sale, could be promotional, due to lack of patronage, or sometime when new version of goods are now available.

The final mark down price is less 25% of initial selling price

So the new price will be

(100-25) %of $150

75/100*150=$112.50