A farm was offered for sale at 350% above cost. The farm was finally sold for $330
Question:
8 1/3% below the asking price
(a) What was the original cost of the farm to the owner?
(b) How much gain did the owner realize?
(c) What percent of the original cost does this gain represent?
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Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
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