Unit operating expenses for an item costing $30 are estimated at 40% of cost, and the desired

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Unit operating expenses for an item costing $30 are estimated at 40% of cost, and the desired operating profit is 25% of cost. Determine:
a. The selling price.
b. The rate of mark upon cost.
c. The rate of markup on selling price.

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 06:58 AM

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Unit operating expenses for an item costing $30 are estimated at 40% of cost, and the desired

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Business Mathematics In Canada

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