A mini mart sells a case of soda at ₱480.00. The store’s overhead expenses are 30% of cost and the owner wants a profit that is 25% of the cost. 1. What is the maximum amount of discount that can be offered without acquiring an absolute loss? 2. What is the rate of the discount?
A mini mart sells a case of soda at ₱480.00. The store’s overhead expenses are 30% of cost and the owner wants a profit that is 25% of the cost. 1. What is the maximum amount of discount that can be offered without acquiring an absolute loss? 2. What is the rate of the discount?
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 36A: The cost of one dozen cutters is listed as $525. A multiple discount of 12% and 8% is applied to the...
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A mini mart sells a case of soda at ₱480.00. The store’s overhead expenses are 30% of cost and the owner wants a profit that is 25% of the cost.
1. What is the maximum amount of discount that can be offered without acquiring an absolute loss?
2. What is the rate of the discount?
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