Suppose you will be joining an annual school fair and you are given the chance to sell any product.
1. What product do you prefer to sell?
2. What is your estimated cost for the product?
3. How much will be your selling price for that product?
4. How are you going to apply mark-up, markdown and mark-on on your business?
Answers & Comments
Answer:
1.)I'd like to sell all kinds of ballpens.
2.)I estimate the price of the product at 30 pesos.
3.)I'm going to sell it for 15 pesos.
4.)Appropriate markups and markdowns according to the quantity sold and surplus each day.
Step-by-step explanation:
Hope it helps po