Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Canadian Tire paid $68 for a humidifier. Expenses are 24% of cost and the profit is 11% of cost. 1) What is the regular selling

image text in transcribed
Canadian Tire paid $68 for a humidifier. Expenses are 24% of cost and the profit is 11% of cost. 1) What is the regular selling price? Enter an integer or decimal number more 2) If the humidifier is sold at cost, what is the reduced profit? (Use a negative sign (-) if there is a loss.) Check

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

10th Edition

0073530697, 9780073530697

More Books

Students also viewed these Finance questions

Question

5. Give some examples of hidden knowledge.

Answered: 1 week ago