Question

A Pawn Shop bought items for $441.00 less 12%, 1896, 1196. The stores overhead is 38% of regular selling price and the profit required is 49% of regular selling price.

a) What is the break-even price?

b) What is the maximum rate of markdown that the store can offer to break even? c) What is the realized rate of markup based on cost if the items are sold at the break

even price?​

Answer 1

Step-by-step explanation:

To find:

What % of day is 3 hours ?

Solution:-

1 day= 24 hours

The required fraction

\mathtt \green{= \frac{3}{24} ×100= 12.5}=

24

3

×100=12.5