Algebra: A Combined Approach (4th Edition)

Published by Pearson
ISBN 10: 0321726391
ISBN 13: 978-0-32172-639-1

Chapter 7 - Group Activity - Fast-Growing Careers - Page 551: 1

Answer

Retail salespersons: A retail salesperson uses math often in their daily job. They need to use math to determine inventory purchasing plans, add-on markup and apply markdown pricing to plan stock levels in the store. An example of this is when a retail salesperson needs to calculate the amount of profit from a specific product. Another example is when a salesperson needs to calculate the optimal price to have on a product to maximize the profit.

Work Step by Step

Retail salespersons: A retail salesperson uses math often in their daily job. They need to use math to determine inventory purchasing plans, add-on markup and apply markdown pricing to plan stock levels in the store. An example of this is when a retail salesperson needs to calculate the amount of profit from a specific product. Another example is when a salesperson needs to calculate the optimal price to have on a product to maximize the profit.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.