It costs a manufacturing firm $12,500 to build a machine and the markup is 45% on selling
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It costs a manufacturing firm $12,500 to build a machine and the markup is 45% on selling price. During a sale, the price of the machine is marked down to the cost price. Calculate the rate of markdown.
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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