Question: Just Dresses sets its regular prices based on overhead expenses at 50% of cost and an operating profit of 40% of cost. What will

Just Dresses sets its regular prices based on overhead expenses at 50%

Just Dresses sets its regular prices based on overhead expenses at 50% of cost and an operating profit of 40% of cost. What will be the operating profit (as a percent of cost) for dresses sold at a 20% discount? Profit %

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