A retailer's rate of markup on cost of an item is 20% and the markup amount is

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A retailer's rate of markup on cost of an item is 20% and the markup amount is $80. During a sale, the item was marked down by 30%.

a. Calculate the regular selling price.

b. Calculate the reduced selling 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 retailer's rate of markup on cost of an item is 20% and the markup amount is

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Mathematics Of Business And Finance

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