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An office supply store sells desk lamps for $192 each. The store's expenses are 45% on cost and the profit is 21% on cost. What
An office supply store sells desk lamps for $192 each. The store's expenses are 45% on cost and the profit is 21% on cost.
- What is the cost of the desk lamp? Enter your answer in blank #1. (Round your answer to 2 decimal places and include the $ sign.)
- What is the rate of markup on the selling price? Enter your answer in blank #2. (Enter your answer as a percent, rounded to 2 decimal places, and include the % sign).
- What is the break-even price for the desk lamp? Enter your answer in blank #3. (Round your answer to 2 decimal places and include the $ sign.)
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