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

Question 112

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 break-even price of the set?


A) $300.00
B) $390.60
C) $200.00
D) $325.00
E) $315.00

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