Mathematics, 14.02.2021 06:20 sanaiajohnson56
Pairs of shoes are manufactured for $24. They are sold to a warehouse with a mark-up of 15%. The warehouse sells the shoes to a distributor after charging a holding fee of $10 per pair. The distributor sells them to ‘Fine Shoes’ for a percentage profit of 12%. The store then marks them up by 30%. a. Determine the price of a pair of shoes if you buy it from one of the ‘Fine Shoes’ stores (round to the nearest 5 cents). Show working out.
Answers: 2
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