SOLUTION: Luigi’s Restaurant offered a “buy one get one half off” sale for the midweek period. The “one half off” referred to the lesser-priced dinner. A customer ordered a steak dinner, wit
Question 1102006: Luigi’s Restaurant offered a “buy one get one half off” sale for the midweek period. The “one half off” referred to the lesser-priced dinner. A customer ordered a steak dinner, with a regular price of $19, and a chicken dinner, with a regular price of $14.
(a) What was the overall markdown at which the dinners were sold?
(b) What was the overall rate of markdown at which the dinners were sold?
You can put this solution on YOUR website! The $14 dinner was 1/2 off,
so it cost $7
The customer paid
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(a)
Without the markdown, the dinners would
have cost
The overall markdown was
$7
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(b)
The rate of markdown was:
21.2%
