A Smartphone Was Being Sold for $660 While on Sale

question 29

Essay

A smartphone was being sold for $660 while on sale. If the price dropped by 20% for the sale, what was the original price of the smartphone?

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Definitions:

Cold Calling

A technique in sales where sales reps make unsolicited calls to potential customers, who have had no prior contact with the salesperson.

Personal Selling Process

A series of steps undertaken by sales professionals to identify potential buyers, communicate benefits, and persuade them to make a purchase.

Do Not Call Registry

A list or database designed to manage and prevent unsolicited telemarketing calls to those who have registered their contact information.

Personal Selling Process

A series of steps taken by sales representatives to sell a product, including prospecting, approaching, presenting, handling objections, closing, and follow-up.