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An Interior Decorator Buys Furniture at the "Dealer Price," but He

Question 29

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An interior decorator buys furniture at the "dealer price," but he charges his clients the "retail price" instead of charging a commission. A client pays $3,000 for furniture that had a "dealer price" of $2,500. To charge the client the same dollar amount, but calculating it as a commission, what commission rate would the decorator have to use?​

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$3,000 -$2,500 = $50...

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