Macy's was selling Calvin Klein jean shirts that were originally priced at $46.00 for $8.74 a. What was the amount of the markdown? (Round your answer to the nearest cent.) Amount of markdowm b. Based on the selling price, what is the percent markdown? Percent markdown

Macy's was selling Calvin Klein jean shirts that were originally priced at $46.00 for $8.74 a. What was the amount of the markdown? (Round your answer to the nearest cent.) Amount of markdowm b. Based on the selling price, what is the percent markdown? Percent markdown

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter5: Investment Decisions: Look Ahead And Reason Back

Section: Chapter Questions

Problem 5.6IP

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plz solve both parts within 30-40 mins I'll give upvote

Macy's was selling Calvin Klein jean shirts that were originally priced at $46.00 for $8.74.
a. What was the amount of the markdown? (Round your answer to the nearest cent.)
Amount of markdowm
b. Based on the selling price, what is the percent markdown?
Percent markdown

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