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DeWitt Company sells a kitchen set for $330. To promote July 4, DeWitt ran the following advertisement:

Beginning each hour up to 4 hours we will mark down the kitchen set 10%. At the end of each hour, weWhat is the markdown percent? (Round your answer to the nearest hundredth percent.)will mark up the set 1%.Assume Ingrid buys the set 1 hour 50 minutes into the sale.

What will Ingrid pay? (Round your answer to the nearest cent.)

What is the markdown percent? (Round your answer to the nearest hundredth percent.)

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92412174

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