A) Merchant a Operates on a Rate of Mark-Up on Cost

question 20

Short Answer

a) Merchant A operates on a rate of mark-up on cost of 45%. If she later marks the price of a few items down to their cost price in order to attract additional customers to the store, what rate of markdown can she advertise?
b) Merchant B operates on a rate of mark-up on selling price of 45%. If he later marks the price of a few items down to their cost price in order to attract additional customers to the store, what rate of markdown can he advertise?

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Definitions:

Alveolar Ventilation

The process of exchanging gases between the alveoli in the lungs and the external environment, primarily involving oxygen intake and carbon dioxide expulsion.

Gas Exchange

The biological process by which organisms exchange oxygen and carbon dioxide with their environment, crucial for respiration.

Atmospheric Air

The layer of gases surrounding the Earth, primarily composed of nitrogen and oxygen, which is essential for respiration.

Asthmatic Attack

A sudden worsening of asthma symptoms caused by the tightening of muscles around the airways, leading to difficulty breathing, coughing, and wheezing.