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Of the coffee makers sold in an appliance store

29/04/2021 Client: muhammad11 Deadline: 2 Day

An appliance store sold GE coffeemakers for $22.95 during a promotional sale. The store bought the coffeemakers for $36 less 40% and 15%. Overhead is 25% of the regular selling price.
(a) If the store’s markup is 40% of the regular selling price, what was the rate of markdown?
(b)What operating profit or loss was made during the sale?

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