Question
Circut World purchased 195 monitors at $125 each and marked them up at 24.00% of the cost and sold 90 of them at the regular
Circut World purchased 195 monitors at $125 each and marked them up at 24.00% of the cost and sold 90 of them at the regular selling price. During a sale, it sold the remaining monitors at a markdown of 35.00%.
a. What is the total cost of the monitors?
b. What are the total sales of the monitors at the two different prices?
c. What is the net rate of markup based on total cost?
d. What is the net rate of markup based on total sales?
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Advanced Engineering Mathematics
Authors: ERWIN KREYSZIG
9th Edition
0471488852, 978-0471488859
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