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You are not logged in. #1 20051113 12:34:09
The average rate of markupCantu Excavating Liquidators bought 350 coats at $80.00 each. In the first month, 175 were sold at the regular price of $192.00 each. Another 152 were sold in the second month at a "onethirdoff" sale price. The remaining stock, consisting primarily of defective units, were cleared out in the third month at $75.00 each. The store's overhead is 50% of cost. #2 20051113 16:23:31
Re: The average rate of markupBought: 350 × $80 = $28,000 "The physicists defer only to mathematicians, and the mathematicians defer only to God ..."  Leon M. Lederman 