It costs a manufacturer $3,374 to make a product. The rate of markup is 28.00% of the selling price and it offers a markdown of 13.00% during a discount period.   a. What is the regular selling price? Round to the nearest cent   b. What is the reduced selling price during the discount period? Round to the nearest cent

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 3ECP: Your family has annual loan payments equal to 28 of its annual income. During theyear, the loan...
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It costs a manufacturer $3,374 to make a product. The rate of markup is 28.00% of the selling price and it offers a markdown of 13.00% during a discount period.
 
a. What is the regular selling price? Round to the nearest cent
 
b. What is the reduced selling price during the discount period? Round to the nearest cent
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