Answered: If a computer costs an electronics…

Name: Go to problem 39 and calculate the rate of profit based on cost. Compa
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Description: Go to problem 39 and calculate the rate of profit based on cost. Compare the rate of profit based on cost to the rate of profit based on selling price. From a consumer’s viewpoint, would you prefer that a retailer figure his profit on the basis of th

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Go to problem 39 and calculate the rate of profit based on cost. Compare the rate of profit based on cost to the rate of profit based on selling price. From a consumer’s viewpoint, would you prefer that a retailer figure his profit on the basis of the cost of an item or on the basis of its selling price? Explain your answer.

If a computer costs an electronics dealer $300, and she
sells them for $800, what is her rate of profit based on
the selling price?

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