MATHEMATICS OF BUSINESS AND FINANCE

(A) Company A and Company B sell the same model camera for $105 and $135, respectively. During a sale, Company A offers a discount of 10% on the camera. What should Company B's rate of markdown be on the camera to match Company A's sale price?

(B) A dealer purchased machinery for $64,500.00 per unit. His overhead expenses are 30.00% of the cost and he desires an operating profit of 35.00% of the cost. During a sale, he offers a markdown of 30.00%.

a. Calculate the reduced selling price per unit. (Round to the nearest cent)

b. Calculate the break-even price. (Round to the nearest cent)

c. Calculate the profit or loss made per unit at the reduced selling price. Round your answer to two decimal places. Use a negative sign to represent a loss