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A pen was sold at regular selling price of $1.50. The expense was 14% of the selling price, the cost was 8% of the selling

A pen was sold at regular selling price of $1.50. The expense was 14% of the selling price, the cost was 8% of the selling price.Answer the following questions, and choose the closest answer from the possible choices following each question:

What is the dollar amount of expense?

What is the price needed to cover only the cost?

What is the sale price if the pen is marked down at 10%?

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