Suppose an item that originally had a 40% rate of markup on cost is marked down 40%.

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Suppose an item that originally had a 40% rate of markup on cost is marked down 40%. Is its reduced selling price equal to C? Explain.

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Dec 28, 2023 06:19 AM

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Suppose an item that originally had a 40% rate of markup on cost is marked down 40%.

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assume the original cost of the item is represented b...View the full answer

Business Mathematics In Canada

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