A home improvement centre buys a shop vacuun1 for $38. Operating expenses are estimated to be 35%

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A home improvement centre buys a shop vacuun1 for $38. Operating expenses are estimated to be 35% of cost, and desired operating profit is 45% of cost.

a. What price should be charged for the vacuum?

b. What is the hon1e improvement centre's rate of markup based on cost and based on selling price?

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 16, 2020 03:12 AM

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A home improvement centre buys a shop vacuun1 for $38. Operating expenses are estimated to be 35%

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Fundamentals Of Business Mathematics In Canada

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