Heel & Grip purchases shoes for $30 each pair and sells them at a regular price of

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Heel & Grip purchases shoes for $30 each pair and sells them at a regular price of $42 each pair.

a. If the profit made is $5.25 per pair, calculate the overhead expense per pair.

b. If the discount offered during a Boxing Week sale is 20%, calculate the reduced selling price and the profit or loss made on the sale of each pair.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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