Question

A supermarket purchases chickens wholesale from a farm for $4 each. The store then marks up the chickens 50%. After 10:00 p.m., the supermarket marks down the price of the chickens by 50% to make sure they all sell before the store closes. Which statements are true about the price of a chicken? Check all that apply.

O) The marked up price of a chicken is $6 before 10:00 p.m.
O) The 50% markdown is taken off the marked-up price.
O) The chickens sell for $4 after 10:00 p.m., because the 50% markup and 50%
O) markdown cancel each other out.
O) The 50% markdown is taken off the $4 wholesale price.

Answer 1

A and B

Explanation:

Answer 2

a- the marked up price of a chicken is $6 before 10pm

b- the 50% markdown is taken off the marked up price