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What percentage profit is made by the jeweller

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Reference no: EM132630724

A certain jeweller pays $1350 for a diamond ring that it then marks for sale at $2200. Later, during a closing down sale, the ring is sold at a 15% discount.

Problem A. What is the selling price of the ring during the closing down sale?

Problem B. what percentage profit is made by the jeweller?

Reference no: EM132630724

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