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Mary owns a successful furniture distribution store. She purchases dining table sets at $220 each from a wholesaler and sells them after a markup of
Mary owns a successful furniture distribution store. She purchases dining table sets at $220 each from a wholesaler and sells them after a markup of 120% of the cost. Every summer she runs a seasonal sale and offers a markdown of 30%.
a. Calculate the regular selling price of the set.
b. Calculate the reduced selling price of the set.
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