6.

SHOW PROCESS PLEASE A software company (ABC) bought 200 units of software XYZ, paying $2500 for the lot. ABC estimated its operating expenses for this product to be 35 % of the cost (on cost price), and wanted a net profit of 10% of the cost (total cost). Whats the retail selling price? $16.87 $ 18.00 $ 18.12 $ 18.56 None of the above

5. A grocery store sells a box of chocolates at a mark up of 40% of the selling price. The stores margin on that box of chocolates is $5. What was the cost of that box to the store? a. $2 b. $7 c. $7.5 d. $12.5 e. None of the above