MKT 100 Study Guide - Final Guide: Cash Register

• School: McMaster University
• Department: Marketing
• Course: MKT 100
• Professor: Daryl D' Souza

Document Summary

Worksheet: metric 2 percentage change: ed"s is a small deli, which has had great success in its second year of operation. Year-over-year sales growth = (year 2 year 1) / year 1 * 100% Let price 1 be the initial price of , let price 2 be the price after the 30% mark down, and price 3 be the price after additional 10% reduction at the cash register. Initial reduction = -30% = (price 2 price 1) / price 1. 0. 3 = (price 2 - ) / . Price 2 = -0. 3 * + . Second reduction = -10% = (price 3 price 2) / price 2. Price 3 = -0. 1 * . 50 + . 50. Total percent reduction = (price 3 price 1) / price 1 * 100% = 37: a small retain chain posts impressive percentage growth figures, moving from million to million in sales from one year to the next.