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The cost of an item to a store is $370. The store's overhead expense is 13% on cost and the store wants to have an operating profit of 12% on cost. Calculate the break- even price. $462.50 $418.10 $421.48 $430.63 $349.34

The cost of an item to a store is $370. The store's overhead expense is 13% on cost and the store wants to have an operating profit of 12% on cost. Calculate the break- even price. $462.50 $418.10 $421.48 $430.63 $349.34

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter1: Solving Linear Equations
Section: Chapter Questions
Problem 14CT
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The cost of an item to a store is $370. The store's overhead expense is 13% on cost and the store wants to have an operating profit of 12% on cost. Calculate the break- even price. $462.50 $418.10 $421.48 O $430.63 $349.34
Transcribed Image Text:The cost of an item to a store is $370. The store's overhead expense is 13% on cost and the store wants to have an operating profit of 12% on cost. Calculate the break- even price. $462.50 $418.10 $421.48 O $430.63 $349.34
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