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A distributor purchases a machine for $90,000, less discounts of 6% and 4%. The selling price of the machine is to include overhead expenses of
A distributor purchases a machine for $90,000, less discounts of 6% and 4%. The selling price of the machine is to include overhead expenses of 18% of the selling price and a profit of 22% of the selling price and.
How much did it cost him to purchase the machine after his trade discounts?
What is the selling price of the machine?
At what selling price would the distributor make a profit of $12,000?
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