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What was the total amount of discount received on purchase

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Ichabod runs a clothing store in London. He recently purchased 1000 dress shirts that had a manufacturer's list price of $35. On each shirt there was a trade discount of 10%, 8% and 6% from the manufacturer. Ichabod's store has operating expenses that are 35% of the selling price and rate of markup is 60% on selling price.

Question 1: What was the total amount of discount received on the purchase of the 1000 shirts from the manufacturer?

Reference no: EM132589607

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