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It costs a manufacturer $3,197 to make a product. The rate of markup is 28.00% of the selling price and it offers a markdown of
It costs a manufacturer $3,197 to make a product. The rate of markup is 28.00% of the selling price and it offers a markdown of 11.00% during a discount period.
a. What is the regular selling price?
Round to the nearest cent
b. What is the reduced selling price during the discount period?
Round to the nearest cent
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