The Ace Jewelry Store sold a necklace for $144. If the percent profit (based on cost) equals

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The Ace Jewelry Store sold a necklace for $144. If the percent profit (based on cost) equals the cost of the necklace to the store, how much did the store pay for it? Use

where P is profit and C is cost?

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 04:41 AM

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The Ace Jewelry Store sold a necklace for $144. If the percent profit (based on cost) equals

Question:

P = 100/ •C

Step by Step Answer:

We know that the selling price is 144 and that the selli...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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