The cost of an item is $450 and it is marked up by 35% on selling price.

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The cost of an item is $450 and it is marked up by 35% on selling price. During a sale, it is marked down to sell at the break-even price. If the overhead expenses are 15% on regular selling price, calculate the rate of markdown.

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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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The cost of an item is $450 and it is marked up by 35% on selling price.

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Mathematics Of Business And Finance

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