Question

The School has a fundraiser and sells items with its logo. They have 5000 caps for sale and 6000 shirts. They buy the caps for $8.50 and plan to sell them for $15. At orientation they offer the caps at 15% off and sell 750. The rest are placed in the bookstore and by Nov 15th 3800 have sold at regular price. They place the rest on sale at 65% off and they all sell by semesters' end. What was the original markup % on the caps? The maintained markup %? The markdown %? They pay $15 for each shirt. How much do they need to sell them for to achieve an overall 42% markup for both the shirts and caps. (assume caps sell as above)

Answer 1

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(132 So0) (68928 46o0e 42 132.5 5S6 SO 68928 +600 0e-1325Oo |19.225 = 119225 6000 19. 87 Henca Selliny pie calh sliaf will be ahe A