A tractor dealership purchases tractors for $55,000 each. The operating expenses are 20% on cost and the

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A tractor dealership purchases tractors for $55,000 each. The operating expenses are 20% on cost and the operating profit is 15% on cost. During a sale, the dealership offers a markdown of 25%. Calculate the profit or loss made at the sale 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 tractor dealership purchases tractors for $55,000 each. The operating expenses are 20% on cost and the

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Mathematics Of Business And Finance

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