The cost of an item to a store is $370. The store's overhead expense is 13% on costand the store wants to have an operating profit of 12% on cost. Calculate the break-even price.$462.50$418.10$421.48O $430.63$349.34

Answered: The cost of an item to a store is $370.…

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter7: Percents

Section7.6: Percent Applications

Problem 2E

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The cost of an item to a store is $370. The store's overhead expense is 13% on cost and the store wants to have an operating profit of 12% on cost. Calculate the break- even price. $462.50 $418.10 $421.48 $430.63 $349.34