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What was the selling price of the machine

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Question - A distributor purchases a machine for $185,000, less discounts of 5% and 3%. It then sells the machine to a client at a price, which includes 35% profit on selling price and overhead expenses of 20% on selling price.

Required -

a. How much did it cost to purchase the machine?

b. What was the selling price of the machine?

Reference no: EM132595563

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