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Bhavana bought her Diamond from Asha for $800,000. The list price of Bhavana's Diamond is $1 million dollars. Today, she wants to sell her
Bhavana bought her Diamond from Asha for $800,000. The list price of Bhavana's Diamond is $1 million dollars. Today, she wants to sell her diamond to Tejaswi for $900,000. So, the new price of her Diamond is $900,000 (10 points). How much is the price cut in dollars? How much is the price cut in percentage? How much is the profit margin cut in dollars? How much is the profit margin in percentage?
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
