A trader bought 20 football jerseys listed at RM5000 with trade discounts of 20% and 10%. If he sold the jerseys at a net profit of 30% based on cost and the operating expenses were 5% on cost. No use excel. find: a) the amount paid by the trader. (RM3600) b) the selling price for each jersey. (RM243) c) the breakeven price for each jersey. (RM189)

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter21: Supply Chains And Working Capital Management
Section: Chapter Questions
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4. A trader bought 20 football jerseys listed at RM5000 with trade discounts of 20% and 10%. If he sold the jerseys at a net profit of 30% based on cost and the operating expenses were 5% on cost. No use excel. find: a) the amount paid by the trader. (RM3600) b) the selling price for each jersey. (RM243) c) the breakeven price for each jersey. (RM189)
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