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Discounts ation 9 (8 Marks) Cemeron buys sculptures from Toronto and sels them in ber hudio in Vancoue, he purchaaen he souiptures from a gallery
Discounts
ation 9 (8 Marks) Cemeron buys sculptures from Toronto and sels them in ber hudio in Vancoue, he purchaaen he souiptures from a gallery in Toronto for $2 s00, lens diacrunts of 10% and 9% a gyehead expenses are 9% on the cost and he would ko to make a proft of 55% on the soal of the sculptures. Calculate the following a. Regular selling price of the soulptures. Round to the noarest cont b. Cameron's profit or loss if he offers a markdown of 19%. Round to the nearest cent C. Maximum markdown rate Cameron can offer to sell at break-even price. Round to two decimal placesStep by Step Solution
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