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Brett buys sculptures from Toronto and sells them in her studio in Vancouver. He purchases the sculptures from a gallery in Toronto for $3,000, less discounts of 15% and 6%. His overhead expenses are 8.5% on the cost and he would like to make a profit of 50% on the cost of the sculptures. Calculate the following: a. Regular selling price of the sculptures. $0.00 Round to the nearest cent b. Brett's profit or loss if he offers a markdown of 19%. $0.00Round to the nearest cent c. Maximum markdown rate Brett can offer to sell at break-even price. 33.38 % Round to two decimal places
Sagot :
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