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The Camping Store Buys Sleeping Bags for $54

Question 78

Essay

The Camping Store buys sleeping bags for $54.10 less 12% for buying more than 50 sleeping bags. The store operates on a margin of 51% of the sale price and advertises that all merchandise is sold at a discount of 25% of the regular selling price. What is the regular selling price of the sleeping bags?

Correct Answer:

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Cost = 54.10(.88) = $47.61
47....

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