Question

17. Crystal Porter wants to purchase a new minivan. It regularly sells for $24,987. The manufacturer is offering a

sale price of $18,994. What is the markdown?
a. $4,998
b. $5,665
c. $5,993
d.$6,007

Answer 1

C. $5,993

Explanation:

Markdown is an immediate reduction in the price of an item, performed by a merchant during a special sale. A markdown discount is most often a percentage decrease in the original price. The purpose of a markdown sale is to create a demand of a product during the time period of the sale.