A battery trader received successive trade discounts of 8% and 6% on the list price of $22,450

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A battery trader received successive trade discounts of 8% and 6% on the list price of $22,450 for a container shipment of batteries from an overseas country. If the trader's overhead expenses are 18% on cost, calculate the minimum price at which he must sell the batteries to break-even.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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