Solved

A Dining Room Set Costs $400, Less 30% and 10

Question 254

Multiple Choice

A dining room set costs $400, less 30% and 10%. The overhead costs are 25% of cost and operating profit is 30% of cost. After three months, the set is reduced to $200. What is the selling price of the set?


A) $252.00
B) $315.00
C) $327.60
D) $390.60
E) $372.00

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions