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Standard Appliances obtains refrigerators for $ 1 , 4 6 0 less 2 6 % and 1 0 % . Standard's overhead is 1 6
Standard Appliances obtains refrigerators for $ less and Standard's overhead is of the selling price of $ A scratched demonstrator unit from their floor display was cleared out for $
a What is the regular rate of markup on cost for a demonstrator unit?
Round to two decimal places
b What is the rate of markdown on the demonstrator unit?
Round to two decimal places
c What is the operating profit or loss on the demostrator unit?
Round to the nearest cent
d What is the rate of markup on cost that was actually realized for the scratched demonstrator unit?
Round to two decimal places
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