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Answer to Question #254972 in Algebra for Angelica
Question #254972
A supplier can cover it's cost and earn a reasonable profit if an item is sold 86.75.If he is willing to grant a maximum of 30% discount How much should the selling price of this item?
Expert's answer
Selling price after discount of 30%=Max profit- Discount 30% of profit
=86.75-(86.75*30/100)=$60.725
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