A merchant buys an item listed at $96 less 33 1/3% from a distributor. Overhead is 32%

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A merchant buys an item listed at $96 less 33 1/3% from a distributor. Overhead is 32% of cost and profit is 27.5% of cost. For how much should the item be retailed?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Feb 26, 2016 03:35 AM

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A merchant buys an item listed at $96 less 33 1/3% from a distributor. Overhead is 32%

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Cost 66 23 9600 9400 S ...View the full answer

Contemporary Business Mathematics with Canadian Applications

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