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Ralph's Electronics purchased 75 sound bars from the manufacturer for $250 each less discounts of 25%...

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Advance Math

Ralph's Electronics purchased 75 sound bars from themanufacturer for $250 each less discounts of 25% and 12%. Theregular markup on the sound bar is 60% of the regular sellingprice, and Ralph's Electronics overhead is 10% of the regularselling price. On the Black Friday sale, the sales price wasreduced to $199.

The regular selling price =?

Profit or loss (please indicate which one) on each sound bar atthe sale price = ?

Answer & Explanation Solved by verified expert
3.8 Ratings (351 Votes)
Here we have Number of sound bars purchased 75Cost price of each sound bar 250Therefore Total cost of purchasing 75 sound bars 250 75 18750Now since he is getting two successive discounts of 25 and12 on the purchases made Thus Actual cost price    See Answer
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