An item is bought for RM 2 8 0 . The retailer sells the item at a

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Question:

An item is bought for RM

280 .

The retailer sells the item at a

10 %

discount but still maintains a gross profit of

20 %

on the net retail price. At what price did he list the item?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Mar 30, 2024 11:11 AM

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An item is bought for RM 2 8 0 . The retailer sells the item at a

Question:

Expert Answer:

To find the price at which the retailer listed the item we can use the following steps 1 Calcu... View the full answer

Income Tax Fundamentals 2013

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