Anna sells earrings at her store for $45.20 per pair. Her overhead expenses are $6 per pair

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Anna sells earrings at her store for $45.20 per pair. Her overhead expenses are $6 per pair and she makes 40% operating profit on selling price.

a. What is her amount of markup per pair of earrings?

b. How much does it cost her to purchase each pair of earrings?

c. Calculate the break-even 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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Anna sells earrings at her store for $45.20 per pair. Her overhead expenses are $6 per pair

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