A distributor purchases industrial fans for $153 each. Its profit is 10.00% on sellingprice and markup is 30.00% on selling price. During a trade show, if the distributoroffers a markdown of 9.00% on its fans, calculate the reduced profit or loss made perfan.

Given: cost = $153 profit is 10 % on selling price and markup is 30 % . markdown is 9 % To find:…

Answered: A distributor purchases industrial fans…

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter2: Solving Linear Equations

Section2.5: Solve Linear Inequalities

Problem 2.118TI: Elliot has a landscape maintenance business. His monthly expenses are $1,100. If he charges $60 per...

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A distributor purchases industrial fans for $153 each. Its profit is 10.00% on selling price and markup is 30.00% on selling price. During a trade show, if the distributor offers a markdown of 9.00% on its fans, calculate the reduced profit or loss made per fan.