Dave and Lance buy pants for $32.75 less 12.75%, 18%. The pants are priced at a regular
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Dave and Lance buy pants for $32.75 less 12.75%, 18%. The pants are priced at a regular selling price to cover expenses of 35% of selling price and a profit of 32% of selling price. For a special weekend sale, shirts were marked down 15%. What was the operating profit or loss on the pants sold during the weekend sale?
A). $12.07 Profit
B). $18.62 Profit
C). $18.62 Loss
D). $12.0 Loss
E). $22.18 Profit
Related Book For
Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
Posted Date: