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What is the regular selling price

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Reference no: EM133157420

Question - The Cook's Paradise paid $82 for a kitchen knife set. Expenses are 18% of cost and the profit is 12% of cost.

Required -

1) What is the regular selling price?

2) To help clear inventory, the knife set was sold at break-even during a sale. What is the break-even selling price?

Reference no: EM133157420

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