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2) The cost price for 35 pairs of sport shoes was RM350 per pair. SG Sports Excel planned to sell all the shoes for

2) The cost price for 35 pairs of sport shoes was RM350 per pair. SG Sports Excel planned to sell all the shoes for a gross profit of 25% based on the cost and the operating expenses were 15% based on the cost. Compute: a) The total selling price SG Sport Excel managed to sell al the shoes. b) The maximum percentage of markdown that can be offered so that SG Sport Excel would not suffer any loss. /12 6 6

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