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3) Nicholas buys supplies to make pizzas for S5. Operating expenses of the business are 120% of cost and the profit made is 150% of

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3) Nicholas buys supplies to make pizzas for S5. Operating expenses of the business are 120% of cost and the profit made is 150% of cost. During a holiday sale, the pizzas are discounted by 30%. What is the regular selling price of each pizza? (4) What is the rate of markup based on cost? (Answer 3 decimal places.) (2)

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