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24 September, 22:10

The buyer for the housewares department purchased 40 blenders which retailed for $200 each. Eight blenders sold at the $200 price. For a special sales event, 32 remaining blenders were marked down to $140 each. Ten of the blenders were sold during the sale, and the remaining 22 blenders were marked back up to the original $200 unit price. All of the remaining blenders sold at the orignal price.

Required:

1. Calculate the total markdown dollars.

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Answers (1)
  1. 24 September, 22:13
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    The total markdown dollars is $1,920

    Explanation:

    According to the given data 32 remaining blenders were marked down to $140 each.

    Therefore, to calculate the total markdown dollars we would have to make the following calculation according to the given dа ta:

    the total markdown dollars=32 * ($200-$140)

    the total markdown dollars=32*$60

    the total markdown dollars=$1,920

    The total markdown dollars is $1,920
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