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A Product Costing $350, Less 30%, 20%, and 10%, Sells

Question 91

Multiple Choice

A product costing $350, less 30%, 20%, and 10%, sells to allow for overhead expenses of 30% of the selling price and profit of 20% of the selling price. During a sale, the product is marked down by 40%. What is the sale price?


A) $158.76
B) $180.00
C) $252.00
D) $141.12
E) $211.68

Correct Answer:

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