Question: 4 [5 points] The markup amount on a CD player from Sanjeev's Stereo is $62.24. If the CD player retails for $252 and expenses average

4 [5 points] The markup amount on a CD player from Sanjeev's Stereo is $62.24. If the CD player retails for $252 and expenses average 13% of the selling price, what profit will be earned? For full marks your answer(s) should be rounded to the nearest cent Profit $0.00

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