Question

Columbus Day weekend at $69.99. Here is what was sold during the sale: 66. The missy top buyer ran a point-of-sale promotion on denim shirts for 270 shirts with an original retail of $99.00 180 shirts with an original retail of $89.00 Calculate the following: a. Total markdown $ for the sale. HAPTER 2: RETAIL PRICING AND REPRICING OF MERCHANDISE

Answer 1

For The Missy Top, No. of shirts Sold Original Retail Sale Prom- otion Rate Markdown 270 $ 26,730 $16,020 180 $18,897-30 $ 12,598.20 $31,495.50 $7,832-70 $3,421.80 $11, 254.50 $ 42,750 i Total Markdown $ for the sale = $11,254-50 Total Sales $ generated for sale = $ 31,495-50 % Markdowon Markdown ($) Sales generated ($) X 100 $11,254.50 $31,495,50 x 100 35.73010

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