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Standard Appliances obtains refrigerators for $ 1 , 5 8 0 less 2 7 % and 6 % . Standard's overhead is 1 7 %
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?
b What is the rate of markdown on the demonstrator unit?
c What is the operating profit or loss on the demostrator unit?
d What is the rate of markup on cost that was actually realized for the scratched demonstrator unit?
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