Mr. Jones sold two pipes at $1.20 each. Based on the cost, his profit one was 20%

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Mr. Jones sold two pipes at $1.20 each. Based on the cost, his profit one was 20% and his
loss on the other was 20%. On the sale of the pipes, he:
(a) broke even, (b) lost 4 cents, (c) gained 4 cents, (d) lost 10 cents, (e) gained 10 cents

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

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

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Posted Date: Jan 27, 2023 03:02 AM

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Mr. Jones sold two pipes at $1.20 each. Based on the cost, his profit one was 20%

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