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Math Help - Mark-up and Mark-down

  1. #1
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    Joined
    Feb 2010
    Posts
    3

    Mark-up and Mark-down

    Please help me to solve this question. Need answer ASAP!

    A retailer bought 35 silver bracelets at $1575. The retailer wanted a markup of 40% based on selling price and wanted to have 25% net profit on selling price. For EACH silver bracelets, find:

    a) the selling price
    b) the operating expenses
    c) the mark-up rate based on cost
    d) the minimum selling price that could be given without incurring any loss
    e) the net profit or loss if the retailer sold it at a 15% discounted price.


    TQ.
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  2. #2
    Newbie
    Joined
    Apr 2010
    Posts
    6

    what do you have?

    What answers do you have?

    Ivan
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