Best Buy is selling an ultra-high-definition flat-screen LED TV (36") for $599.98 (retail list price)....
50.1K
Verified Solution
Link Copied!
Question
Accounting
Best Buy is selling an ultra-high-definition flat-screen LED TV (36") for $599.98 (retail list price). The cost to Best Buy was $280 per TV. A newer model has come out on the market, so Best Buy is marking down the TVs to move them out of the store and make room for the new TVs. After a series of markdowns, the TV is ultimately being sold for $399.98. What was the maintained markup percentage on this item? (Note: No need to include the percentage sign. Round to two decimal points. Format of answer should be = .xx)
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.