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What was the selling price of the container of clothes

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Reference no: EM132933028

Question - A clothing merchant purchases a shipment of clothes for $37,000.00 with discounts of 9.00% and 5.00%. He sells it to a customer at a price which includes 22.00% profit on selling price and overhead expenses of 26.00% on selling price. (Question relates to Mathematics of Business and Finance)

a. How much did it cost him to purchase the container of clothes?

b. What was the selling price of the container of clothes?

Reference no: EM132933028

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