Question
The price of a litre of gasoline has decreased by 25% since last month. The new price is $1.08 per litre, what was the
The price of a litre of gasoline has decreased by 25% since last month. The new price is $1.08 per litre, what was the old price? A car dealer normally lists cars at 25% above cost. During a sale the manger offered a 10% reduction. If a car sold for $20,812.50, what was the cost price to the dealership?
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Financial Reporting and Analysis
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
6th edition
9780077632182, 78025672, 77632184, 978-0078025679
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