Question: South Side Appliances bought bread makers for $180 less 40%, 16 56%, and 10%. The stores overhead is 45% of regular selling price and the

South Side Appliances bought bread makers for $180 less 40%, 16 5∕6%, and 10%. The store’s overhead is 45% of regular selling price and the profit required is 21 1⁄4% of the regular selling price. During a year-end inventory clearance sale, the store marked down the bread makers by 30%.
(a) What was the regular selling price?
(b) What is the sale price?
(c) What is the profit or loss during the clearance sale?

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