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A clothing merchant purchases a shipment of clothes for $36,000.00 with discounts of 9.00% and 5.00%. He sells it to a customer at a price
A clothing merchant purchases a shipment of clothes for $36,000.00 with discounts of 9.00% and 5.00%. He sells it to a customer at a price which includes 19.00% profit on selling price and overhead expenses of 26.00% 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
A clothing merchant purchases a shipment of clothes for $36,000.00 with discounts of 9.00% and 5.00%. He sells it to a customer at a price which includes 19.00% profit on selling price and overhead expenses of 26.00% 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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Handbook Of Financial Econometrics
Authors: Yacine Ait-Sahalia, Lars Peter Hansen
1st Edition
044450897X, 978-0444508973
