A store in Vancouver has operating expenses of 15% of the selling price and the operating...

 

Transcribed Image Text:

A store in Vancouver has operating expenses of 15% of the selling price and the operating profit is 25% of the selling price. During a sale, their watches were marked down by 40%. What is the profit or loss at the sale price if they purchased the watches at $654 each? 50.00 Express the answer as a positive number for profit and negative number for loss. rounded to the nearest cent A store in Vancouver has operating expenses of 15% of the selling price and the operating profit is 25% of the selling price. During a sale, their watches were marked down by 40%. What is the profit or loss at the sale price if they purchased the watches at $654 each? 50.00 Express the answer as a positive number for profit and negative number for loss. rounded to the nearest cent

Answer rating: 100% (QA)

Answer Let the selling price of the watch be x The cost pri... View the full answer