A clothing merchant purchases a shipment of clothes for $35,000.00 with discounts of 11.00% and...
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Accounting
A clothing merchant purchases a shipment of clothes for $35,000.00 with discounts of 11.00% and 4.00%. He sells it to a customer at a price which includes 18.00% profit on selling price and overhead expenses of 24.00% on selling price.
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