Harold, the owner of Sweet Tunes Music, purchased acoustic guitars for $100 each and has marked them

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Harold, the owner of Sweet Tunes Music, purchased acoustic guitars for $100 each and has marked them up by 21.00% of the cost. The overhead expenses were 11.00% of the cost.

a. What is the regular selling price of each guitar?

b. What is the profit made on each guitar sold?

c. If he decides to offer a markdown of 4.00%, what would be the reduced selling price?

d. After reducing the selling price, what profit or loss he would make on the sale of each guitar?

Posted Date: Oct 07, 2021 10:21 PM

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Harold, the owner of Sweet Tunes Music, purchased acoustic guitars for $100 each and has marked them

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Sal Coest Each quitar 100 the poice by 21 yiuen Haralo marked up 21 x100 T00 A finel sel... View the full answer

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