A store in Vancouver has operating expenses of 30% of the selling price and the operating profit is 25% of the selling price. During a sale, their watches were marked down by 10%. What is the profit or loss at the sale price if they purchased the watches at $388 each? Express the answer as a positive number for profit and negative number for loss, rounded to the nearest cent
A store in Vancouver has operating expenses of 30% of the selling price and the operating profit is 25% of the selling price. During a sale, their watches were marked down by 10%. What is the profit or loss at the sale price if they purchased the watches at $388 each? Express the answer as a positive number for profit and negative number for loss, rounded to the nearest cent
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter3: Solving Equation And Problems
Section3.7: Costs, Income, And Value Problems
Problem 9P
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