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Q: What is meant by the marked price of an item?
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What is the marked price for an item?

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What is meant by price discounts?

A reduction in the price of an item being sold.


What does original price means?

Original price is the first price marked on an item before being changed to the new price


How much would it cost you if and item cost 148.00 dollars and was marked 25 percent off the price?

The sale price would be $111.00 + tax.


What is right Marked down price or mark down price?

marked down price marked down price


Is it legal in British Columbia Canada to charge more at the cash register than the price marked on an item?

It's not illegal to charge a different price than what is marked on an item, as the item may have been mis-labeled. It is generally regarded to be a poor business practice to do so, but if an employee mislabels an 800.00 item as an 80.00 item, a customer cannot expect to pay 80.00 for the item. This is why many stores use a barcoding system that coincides with their inventory software to ensure that product pricing is set.


what is meaning of marked price?

The phrase 'marked price' simply means the cost you would pay at the checkout. When a shop needs to get rid of stock quickly, it will often sell products labelled '10% off marked price' - in which case, the checkout will deduct 10% off the regular price of the item, before totalling the amount you need to pay. For example - say a dress was marked at 25.00 - and had a label 10% off marked price'... at the checkout, the till would deduct 10%, and you would only pay 22.50 !


What is meant by laptop and price?

Laptop is the type of computer that somebody might be looking for. Price is the range that they are going to spend on such an item. So they are looking for a laptop and a price for a laptop.


What is the retail price of an item that was marked down 20 percent to 15.60 and show how you got it?

Original price: 100/80 times 15.60 = 19.50 and 80% of 19.50 = 15.60


If an item is marked 64.00 during a 20 percent OFF sale what is the regular price?

64.00 is 80% of normal so normal price is 5/4 x 64 = 80.00


When shopping at retail stores what does redline mean?

The term "redline" in retail stores generally refers to an item that has been marked down to its lowest price.


What is the definition of regular price?

The regular price of an item is the non-sale price of that item.