a building supply store prices all products to give a one third (33.33%)margin. a.what rate of...

a building supply store prices all products to give a one third (33.33%)margin.
a.what rate of markup do they use?
b.if the company had profits of$500,000 what was their cost of goods sold?
c.if operating expenses are 10% of sales what is the percent net profit?
d.a mitre saw had a cost of$100 what was the selling price?
e.a pressure washer which costs $120 was sold after being marked down 20% what was the selling price ?what was the percent margin.

Expert Solution

The problem is solved in detail below.

Colby Messinger answered 11 months ago

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