A distributor sells water cooling units for $880 each. The operating profit is 25% on cost and

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A distributor sells water cooling units for $880 each. The operating profit is 25% on cost and markup is 60% on cost.

a. Calculate the cost per cooling unit.

b. Calculate the rate of markdown offered during a sale if it made a profit of $49.50 per machine.

c. What should be the rate of markdown offered to sell the machines at the cost price?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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Question Posted: Sep 19, 2024 06:04 AM

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A distributor sells water cooling units for $880 each. The operating profit is 25% on cost and

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Mathematics Of Business And Finance

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