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Answer:
The answer to that is $78.00 and you save $42.00
Step-by-step explanation:
All you have to do in this problem is, figure out what is 35% of $120. A product that normally costs $120 with a 35 percent discount will cost you $78.00, and you saved $42.00. You can also calculate how much you save by simply moving the period in 35.00 percent two spaces to the left, and then multiply the result by $120 as follows: $120 x . 35 = $42.00 savings.
Mark up price for earned desired profit is $162
Desired profit based question:
Given that;
Amount paid by owner = $120
Desired profit = 35%
Find:
Mark up price for earned desired profit
Computation:
Mark up price for earned desired profit = 120(1 + 35%)
Mark up price for earned desired profit = 120(1 + 0.35)
Mark up price for earned desired profit = 120(1.35)
Mark up price for earned desired profit = $162
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