document.write( "Question 1127614: Aldo shoes bought a shipment of 200 pairs of women s shoes for $42 per pair. The store sold 120 pairs at the regular selling price of $125 per pair, 60 pairs at a clearance sale at a discount of 40% and the remaining pairs during an inventory sale at price that equals cost plus overead. The sores overhead is 50% of cost.
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document.write( "a. what was the price at which the shoes were sold during the clearance sale?
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document.write( "b. what was the selling price during the inventory sale?
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document.write( "c. what was the total profit realized on the shipment?
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document.write( "d. What was the average rate of markup based on cost that was realized on the shipment. \n" );
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Algebra.Com's Answer #744185 by addingup(3677)![]() ![]() You can put this solution on YOUR website! a. (125 x 0.6) = clearance sale price \n" ); document.write( "b. 42 + (42 x 0.5) = inventory sale \n" ); document.write( "~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ \n" ); document.write( "c. 42 + (42 x 0.5) = total cost (TC) \n" ); document.write( "1. (120 x 125) - (120 x TC) = profit at regular price \n" ); document.write( "2. 60 x (125 x 0.6) - 60 x TC = profit at 40% discount \n" ); document.write( "add c 1 and c 2 to get your total profit \n" ); document.write( " |