Question
A distributor sells water cooling units for $860 each. The operating profit is 15% on cost and markup is 65% on cost. a. Calculate
A distributor sells water cooling units for $860 each. The operating profit is 15% on cost and markup is 65% on cost. a. Calculate the cost per cooling unit. Round to the nearest cent b. Calculate the rate of markdown offered during a sale if it made a profit of $45.40 per machine.
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Get StartedRecommended Textbook for
Business Mathematics In Canada
Authors: Ernest Jerome
7th edition
978-0071091411, 71091416, 978-0070009899
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