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Posted on Jul 20, 2024

A clothing merchant purchases a shipment of clothes for $35,000.00 with discounts of 10.00% and 6.00%. He sells it to a customer at a price

A clothing merchant purchases a shipment of clothes for $35,000.00 with discounts of 10.00% and 6.00%. He sells it to a customer at a price which includes 20.00% profit on selling price and overhead expenses of 25.00% on selling price.

a. How much did it cost him to purchase the container of clothes?

Round to the nearest cent

b. What was the selling price of the container of clothes?

Round to the nearest cent

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