The men s clothing buyer had a group of 50 jackets priced at $250 each that was selling very slowly. to stimulate sales of these jackets, the buyer reduced the price of the jackets in that group to $200 at this price, 40 pieces were sold in a short time. at a later date, the remaining pieces needed a further reduction to clear them from stock. the buyer reduced them to $150 each, and at that price they all sold out. what was the total dollar markdown taken? 3000

The answer is $3000.

Step-by-step explanation:

The men's clothing buyer had a group of 50 jackets priced at $250 each.

Total price of jackets = dollars

The buyer reduced the price of the jackets in that group to $200 and 40 jackets were sold.

So, the price for selling 40 jackets is = dollars

Remaining jackets =

These were sold at $150 each, totaling to = dollars

So, overall money earned by reducing prices both time = dollars

And the markdown in dollars = (original price before reducing) minus (educed total price)

= dollars

So, the answer is $3000.

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