Nishi purchases office furniture from a wholesaler listed at $800, less discounts of 20% and 10%. She

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Nishi purchases office furniture from a wholesaler listed at $800, less discounts of 20% and 10%. She has overhead expenses of 20% on cost and wants to have an operating profit of 30% on cost.

a. Calculate the regular selling price of the office furniture.

b. After listing the item for one month, she marked it down by 10%. Calculate the profit or loss that she made at the reduced selling price.

c. What is the maximum amount of markdown that she can offer so that she breaks even on the sale?

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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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Nishi purchases office furniture from a wholesaler listed at $800, less discounts of 20% and 10%. She

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Mathematics Of Business And Finance

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