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Last year’s suits are marked down 25%. The dollar amount of the markdown on a suit originally priced $388 is:
.75
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$119.98
Over by $12.50.
change fund
$97.00
maintained
Sara was asked to use keystone markup on an item that was priced at $59.99. What will the retail price be once the markup is applied?
.75
markdown
markdown
$119.98
Over by $12.50.
change fund
$97.00
maintained
The most common type of retail price change is a/an:
.75
markdown
markdown
$119.98
Over by $12.50.
change fund
$97.00
maintained
Which is 75% converted from a percent to a decimal?
.75
markdown
markdown
$119.98
Over by $12.50.
change fund
$97.00
maintained
A strategy used to stimulate sales, dispose of slow moving merchandise, meet competitor’s prices, and increase store traffic is:
.75
markdown
markdown
$119.98
Over by $12.50.
change fund
$97.00
maintained
Which type of markup is the difference between the cost of the merchandise and its final selling price?
.75
markdown
markdown
$119.98
Over by $12.50.
change fund
$97.00
maintained
The planned change fund is $200.00. The cash drawer actually contains 50 pennies, 40 nickels, 50 dimes, 120 quarters, 20 one-dollar bills, 5 five- dollar bills, 5 ten-dollar bills, and 4 twenty-dollar bills. The change fund is:
.75
markdown
markdown
$119.98
Over by $12.50.
change fund
$97.00
maintained
Coins and currency designated for use in opening the register for a given day’s activity is the:
.75
markdown
markdown
$119.98
Over by $12.50.
change fund
$97.00
maintained
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