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Mr. Vacuum obtains vacuum cleaners for $720 less 33% and 15%. A demonstration unit regularly priced ...

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Mr. Vacuum obtains vacuum cleaners for $720 less 33% and 15%. A demonstration unit regularly priced ...

Mr. Vacuum obtains vacuum cleaners for $720 less 33⅓% and 15%. A demonstration unit regularly priced at $750 was sold for $450. The shop's overhead is 22% of the regular selling price.

a) To the nearest %, what was the markdown rate on the vacuum cleaner?
b) What was the profit or loss on the sale of the demonstrator?
c) To the nearest %, what rate of markup on cost was realized at the reduced price?

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Business Mathematics in Canada

Edition: 11^th

Authors: Jerome, Worswick

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mmaruska Author

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Thanks

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this is exactly what I needed

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