A store owner bought 28 swimming caps for P 2, 436.00. He sold 3/14 of them at P 100.00 each and 5/14 of thern at P 125.00 each. How much must he sell each of the remaining caps in order to realize a gross profit of 2/5 of the total cost of the caps?
A store owner bought 28 swimming caps for P 2, 436.00. He sold 3/14 of them at P 100.00 each and 5/14 of thern at P 125.00 each. How much must he sell each of the remaining caps in order to realize a gross profit of 2/5 of the total cost of the caps?
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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