Question
A distributor purchases industrial fans for $148 each. Its profit is 9.00% on the selling price and its markup is 25.00% on the selling price.
A distributor purchases industrial fans for $148 each. Its profit is 9.00% on the selling price and its markup is 25.00% on the selling price. During a trade show, if the distributor offers a markdown of 8.50% on its fans, calculate the reduced profit or loss made per fan.
Round to the nearest cent. Express a loss as a negative
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p sp cp sp cp p sp cp 1 m p p m m 0 09 sp 148 1 09 sp 161 32 m 0 08 5 sp 161 32 0 91...
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Probability & Statistics For Engineers & Scientists
Authors: Ronald E. Walpole, Raymond H. Myers, Sharon L. Myers, Keying
7th Edition
9789813131279, 130415294, 9813131276, 978-0130415295
