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A store purchased a shipment of goods for $175.00 per unit, on which it will charge a markup rate of 65.00% on the selling price.
A store purchased a shipment of goods for $175.00 per unit, on which it will charge a markup rate of 65.00% on the selling price. During a sale, the store marked the goods down by 50.00%.
a. Calculate the regular selling price of the goods.
b. Calculate the reduced selling price of the goods.
Round to the nearest cents
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