A company marks up the cost of all of items by 290%. If they want to have a sale, what is the maximum percentage they can reduce the selling price by before going below cost? 0.00 %

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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Kanish Bha
Topic 4 Homework
Close Date: Wed, Sep 29, 2021, 11:59 PM
Question 3 of 15
A company marks up the cost of all of items by 290%. If they want to have a sale, what
is the maximum percentage they can reduce the selling price by before going below
cost?
0.00 %
Round to two decimal places if necessary
SAVE PROGRESS
SUBMIT ASS
Transcribed Image Text:Kanish Bha Topic 4 Homework Close Date: Wed, Sep 29, 2021, 11:59 PM Question 3 of 15 A company marks up the cost of all of items by 290%. If they want to have a sale, what is the maximum percentage they can reduce the selling price by before going below cost? 0.00 % Round to two decimal places if necessary SAVE PROGRESS SUBMIT ASS
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