Business

24 January, 21:22

A shop owner is trying to get ride of items to make sure room for new items so she is offering huge discount. She has discounted an item by 50% to a selling price which is the same as the cost price of the item. What percent markup did the shop owner originally place on this item?

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “A shop owner is trying to get ride of items to make sure room for new items so she is offering huge discount. She has discounted an item by ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Suppose that McDonalds and Yum Brands are the sole producers of a quadruple-decker chicken and hamburger sandwich. The two firms currently charge the same price for their products.

Enter the value of 42 divided by (2+5).3

What term best summarizes the idea that money indicates success and value?

The following is taken from Ronda Co.'s internal records of its factory with two production departments.

Jorge has $300 for work he performed he expects to spend the money in the next few weeks to buy a new bike which type of account will be best for Jorge

New Questions in Business

Identify which of the following statements is true. A) Tax planning is an integral part of both closed-fact situations and open-fact situations.

Jane contracts Tom, a home developer, to build her a new house. In the contract it states that all necessary parts of the home must be complete before the contract is to be considered finished.

How do property rights benefit entrepreneurs? by enabling them to purchase capital and use it as they see fit by allowing them to use their employees' property by facilitating the use of public property for private businesses by freeing unused

The manufacturing overhead budget at Foshay Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 7,200 direct labor-hours will be required in May. The variable overhead rate is $8.90 per direct labor-hour.

Genepa Corporation manufactures home appliances and other electronic products. Genepa is planning to introduce a new refrigerator model.