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Home Hardware paid $137 for a particular type of drill. Expenses are 10% of selling price and the required profit is 12% of selling price.
Home Hardware paid $137 for a particular type of drill. Expenses are 10% of selling price and the required profit is 12% of selling price. Round ALL answers to the nearest cent if applicable. 1) What is the regular selling price? $ 2) What is the break-even selling price? $ 3) During an inventory sale, the drill was marked down 27% on the regular selling price. What is the sale price? $ 4) What is the operating profit or loss during the inventory sale (use a negative sign (-) for a loss)? $ 1 Enter an integer or decimal number [more..]
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