Digital Devices sets its retail prices on computers, monitors, and printers to generate a rate of mark-up on selling price of 30%. Overhead expenses normally work out to be 30% of cost. What is the operating profit on a monitor that costs $345?

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The Answer of Digital Devices sets its retail prices on computers, monitors, and printers to generate a rate of mark-up on selling price of 30%. Overhead expenses normally work out to be 30% of cost. What is the operating profit on a monitor that costs $345?

Digital Devices Sets Its Retail Prices on Computers, Monitors, and Printers