A retailer buys a set of plates for Rm500. operating expenses incurred during the sale of these
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Question:
A retailer buys a set of plates for Rm500. operating expenses incurred during the sale of these plates are 10% of the cost price . If the retailer makes a 25% net profit based on the cost ,
find:
a. the retailer price.
b. find the gross profit .
c. find the net profit
d. find the break even price
e. the maximum markdown that be offered to customers so that there is no profit or loss
Related Book For
Organizational Behaviour Concepts Controversies Applications
ISBN: 978-0132310314
6th Canadian Edition
Authors: Nancy Langton, Stephen P. Robbins, Timothy A. Judge, Katherine Breward
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