A retail store paid $44 for a microwave oven. Expenses are 27% of regular selling price and

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A retail store paid $44 for a microwave oven. Expenses are 27% of regular selling price and the required profit is 18% of regular selling price. During an inventory sale, the microwave was marked down 40%.
(a) What was the regular selling price?
(b) What was the sale price?
(c) What was the operating profit or loss?
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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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