It cost a manufacturer $1794 to build a machine. The company's operating profit is 20% on selling priceand the markup is 35% on the selling price.

i). What is the selling price of the machine?

ii). During a trade show, if the company offered a discount of 17.5%, what was its profit or loss on the sales of each machine?

iii). What should be the rate of markdown to sell the machines at the break-even price?

Answer rating: 100% (QA)

Say Companys selling price is X So X179412021528 i So selling pri... View the full answer