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What is the break-even price

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Question - A supplier lists a product at $310 and offers trade discounts of 45%, 15%, and 5% to a retailer for re-sale. The retailer sets the selling price to allow for overhead expenses of 10% of the selling price and profit of 25% of the selling price. During a sale, the product is marked down by 35%.

For full marks your answer(s) should be rounded to the nearest cent.

1. What is the sale price?

2. What is the break-even price?

Reference no: EM132705760

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