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Some HW help plz?



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Amazing

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I'm in mathematics for business and this problem is really kicking my ass.

Here's the answer for the problem as seen in the back of my book:

(a)$63.62
(b)$40.75
(c)27%

American Antique paid $153.49 for a fern stand. It's original selling price was $208.78, but this was marked down 46% in order to make room for incoming mechandise. Operating expenses are 14.9% of cost. Find (a) the operating loss, (b) the absolute loss, and (c) the percent of absolute loss based on cost.

So show me how to do this problem plz you guys?
 
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Sefirot

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I'm not in business, but I did take math, and a bit of playing around results in this:

Operating loss:

208.78*0.54 - 153.49*0.149 - 153.49 = 63.62

Absolute loss:

208.78*0.54 - 153.49 = -40.75

Percentage:

40.75/153.49 ~ 27%
 

Amazing

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^

Damn me and my laziness for not looking it up T.T

Thanks Dogen ^^
 
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