Thread: Marketing Problem
View Single Post
  #6 (permalink)  
Old 08-22-2007, 05:47 PM
Drummerboy Drummerboy is offline
Senior Squire
  
Join Date: Jun 2007
Location: Arkansas
Posts: 61
Default
Here is the explanation they gave. Can anyone make heads or tails of it?

Explanation of Answer:
To calculate the Retail Sales Price, you must divide $30.00(Cost) by 100% - 20%(Markup) returning $37.50.

Thanks!
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote