The cost of a bookcase
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The cost of a bookcase was $70.00. Overhead associated with the bookcase was $10.00. Markup on the bookcase was 80% of cost. The merchant marked the bookcase down by 25% for a sale. If the bookcase sold at this sale price, how did the merchant come out on the bookcase?
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The expert determines the cost of a bookcase.
Education
- BE, Bangalore University, India
- MS, University of Wisconsin-Madison
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