Ella buys a machine for $8500, less discounts of 20% and 15%. The overhead expenses are 8%

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Ella buys a machine for $8500, less discounts of 20% and 15%. The overhead expenses are 8% on cost and she plans to make an operating profit of 60% on cost. What is the regular selling price?

a. b. C. What is the profit or loss if she offers a markdown of 22%? What is the maximum markdown rate she can offer to sell at 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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