A store in Vancouver has operating expenses of 15% of the selling price and the operating...
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A store in Vancouver has operating expenses of 15% of the selling price and the operating profit is 25% of the selling price. During a sale, their watches were marked down by 40%. What is the profit or loss at the sale price if they purchased the watches at $654 each? 50.00 Express the answer as a positive number for profit and negative number for loss. rounded to the nearest cent A store in Vancouver has operating expenses of 15% of the selling price and the operating profit is 25% of the selling price. During a sale, their watches were marked down by 40%. What is the profit or loss at the sale price if they purchased the watches at $654 each? 50.00 Express the answer as a positive number for profit and negative number for loss. rounded to the nearest cent
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Answer Let the selling price of the watch be x The cost pri... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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