Question

A distributor purchased 500 golf sets at $450 each. The markup is 50% of the cost and
overhead expense is 15% of the cost. It sold 30% of the sets at the regular selling price,
55% of the remaining sets at a discount of 20%, and the remaining sets at the cost
price. Find the overall profit or loss on the sale of the golf sets.​

Answer 1

Answer:

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