An item is sold at a markup of 15% of the selling price. Initially it was intended

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An item is sold at a markup of 15% of the selling price. Initially it was intended to earn 20% of cost price plus 25% of selling price. In the end it earns $25,200.

Find the profit earned?

Related Book For answer-question

Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0134141084

11th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs

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Posted Date: May 06, 2023 07:30 AM

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An item is sold at a markup of 15% of the selling price. Initially it was intended

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Let the cost price of the item be C and the selling price be S As per the probl... View the full answer

Contemporary Business Mathematics with Canadian Applications

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