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wasala18 wasala18
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A year ago
In February, Long Lake Nursery ordered lawn fertilizer at $18.60 less 33⅓%, 12½%, and 5% per 20-kg bag. The fertilizer is normally priced to provide a 55% rate of markup on selling price. Operating (overhead) expenses are 30% of cost. To clear out the remaining bags of fertilizer in July, they were marked down by 45%. Calculate:

a) The net cost per bag.
b) The operating expenses per bag.
c) The regular selling price.
d) The sale price (reduced selling price).
e) The reduced markup at the sale price.
f) The operating profit or loss at the sale price.
g) The rate of markup on the sale price, to the nearest %.
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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raihala49raihala49
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A year ago
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wasala18 Author
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A year ago
Just got PERFECT on my quiz
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Yesterday
Thanks for your help!!
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2 hours ago
Thanks
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