Question 5 An item that a store originally sold for R6950,82 was offered at a discount of 8,5%. The store still made a 20% profit on sale. The price that the store originally paid for the item is [1] RI 272,00. [2] R5 300,00. [3] R5 088,00. [4] R4 726,00.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Question 5
An item that a store originally sold for R6950,82 was offered at a discount of 8,5%. The store still made a
20% profit on sale. The price that the store originally paid for the item is
[1]
R1 272,00.
(2)
R5 300,00.
(3]
R5 088,00.
[4]
R4 726,00.
Transcribed Image Text:Question 5 An item that a store originally sold for R6950,82 was offered at a discount of 8,5%. The store still made a 20% profit on sale. The price that the store originally paid for the item is [1] R1 272,00. (2) R5 300,00. (3] R5 088,00. [4] R4 726,00.
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