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can someone answer this? Question 16 (3 points) United Furniture purchased RF42 model refrigerators from Samsung for $2751 each in 2012. The store marked up
can someone answer this?
Question 16 (3 points) United Furniture purchased RF42 model refrigerators from Samsung for $2751 each in 2012. The store marked up the price by 30% of the regular selling price. The store's overheads were estimated to be 10% of the regular selling price of each refrigerator in 2012. Following Christmas, Samsung introduced a new model. In order to make space for the new model, United Furniture decided to sell the RF42 model refrigerators at a markdown of 25%. How much was the operating profit or loss on each refrigerator as a result of the sale? **Do not use any sign (i.e $/%/) in your answer. Just write the number. Give your answer up to two decimal points. A/ Step by Step Solution
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