A shopkeeper wants to have a clearance sale with 12% discount on all advertised prices. What is his regular price, if the sale price on an item is $620?
Answers
Answer:
In the profit and loss section, the cost of a product is very crucial. If you have marked the cost of the product wrong, you may not see any profit at all. In the following section, we will see what we mean by marked price. We will also see all the other relevant terms and try and understand how to determine marked price such that the profit is maximum. Let us begin with the following space below
Step-by-step explanation:
Marked Price
The price on the label of an article/product is called the marked price or list price. This is the price at which product is intended to be sold. However, there can be some discount given on this price and the actual selling price of the product may be less than the marked price. It is generally denoted by MP.
Answer:
$672 doller
Step-by-step explanation:
hope it's helpful