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Calculate the percent markdown after rebate for the product

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Reference no: EM13960541

Consider the concepts markup and markdown. Now apply your knowledge of these models to a practical problem.

Please respond to all of the following prompts in the discussion:

1. Go to https://www.bestbuy.com. Find a product with a rebate, or instant savings. The weekly ad is a good way to find products with rebates. Use the zip code 48824 if you do not have a local Best Buy store.

2. Calculate the percent markdown after rebate for the product found in part 1.

3. List three pros and three cons to the practice of markdowns/markups. Debate these points.

Reference no: EM13960541

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