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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 70
Solve each of the following application problems. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent.
BOWLING EQUIPMENT The Bowlers Pro-Shop determines that operating expenses are 23, of selling price and desires a net profit of 12% of selling price. If the cost of a team shirt is $29.25, what are (a) the selling price _____and (b) the percent of markup on cost? _____
BOWLING EQUIPMENT The Bowlers Pro-Shop determines that operating expenses are 23, of selling price and desires a net profit of 12% of selling price. If the cost of a team shirt is $29.25, what are (a) the selling price _____and (b) the percent of markup on cost? _____
Explanation
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For part (a), you need to find the selli...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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