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Hermois Fine Diamonds purchased Canadian solitaire diamonds for ( $ 2,200 ). The markup on these diamonds is 15 on cost and the operating expenses
Hermois Fine Diamonds purchased Canadian solitaire diamonds for \\( \\$ 2,200 \\). The markup on these diamonds is \15 on cost and the operating expenses are \12 on cost. a. Calculate the regular selling price of each diamond and the profit made. Round to the nearest cent Regular selling price: b. During a sale, if the company offers a markdown of \10, calculate the reduced selling price and profit or loss it makes at the sale price. Round to the nearest cent. Reduced selling price: Profit made: Profit Loss a. Calculate the regular selling price of each diamond and the profit made. Round to the nearest cent b. During a sale, if the company offers a markdown of \10, calculate the reduced selling price and profit or loss it makes at the sale price. Round to the nearest cent
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