ENGINEERING ECONOMICS DISCOUNT A hardware store purchased a tool of 20,000 pesos per unit. At what price should the tool be sold so that giving a 15% discount will provide them 25% profit? Please show complete solution of your answer.

Managerial Economics: A Problem Solving Approach
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ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
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ENGINEERING ECONOMICS

DISCOUNT

A hardware store purchased a tool of 20,000 pesos per unit. At what price should the tool be sold so that giving a 15% discount will provide them 25% profit?

Please show complete solution of your answer.

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