A dopactment store paid 537.15 for a cookware set Ovethead expense is 25% of the...

80.2K

Verified Solution

Question

Finance

image
A dopactment store paid 537.15 for a cookware set Ovethead expense is 25% of the regular selling price and proft is 21% of the regular selling price. During a clearance sale, the set was sold at a markdown of 20%. What was the operating profit or loss on the sale? The operating was 5 (Round the finat answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students