A-Sports purchases mountain bikes at a cost of P28,000 each. If the company's operating expenses are 16% of cost, and a net profit of 7% of cost is desired, find the selling price of one mountain bike.
A-Sports purchases mountain bikes at a cost of P28,000 each. If the company's operating expenses are 16% of cost, and a net profit of 7% of cost is desired, find the selling price of one mountain bike.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A-Sports purchases mountain bikes at a cost of P28,000 each. If the company's operating expenses are 16% of cost, and a net profit of 7% of cost is desired, find the selling price of one mountain bike.
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