Math

posted by Ian

A retail outlet purchased 300 printers at a list price of $100 less 7%, and 6%. The rate of markup on selling price on the printers was 40%. After selling 40% of the shipment, the rest of the printers were marked down to a reduced selling price. When there were only 40 printers left, the outlet marked these down to $76

84.23 x 399 - 26.226

Markup = 40%

This is all I can figure out..

  1. Steve

    Hmmm. What does "list price of $100 less 7%, and 6%" mean? Two successive discounts?

    Also, after all the explanation, I don't see an actual question? What is it you are trying to calculate?

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