document.write( "Question 992261: Sight and Sound bought large-screen colour TV sets for $1080.00 less 33.33...% and 8.33...%. Overhead is 18% of regular selling price and required profit is 15.33...% of regular selling price. The TV sets were marked at a price so that the store was able to advertise a discount of 25% while still maintaining its margin. To clear the inventory, the remaining TV sets were marked down 37.5%.
\n" ); document.write( "a) What operating profit or loss is realized at the clearance price?
\n" ); document.write( "b) What is the realized rate of markup based on cost?
\n" ); document.write( "Answers:
\n" ); document.write( "a) loss of $13.20
\n" ); document.write( "b) 25%
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Algebra.Com's Answer #611907 by solver91311(24713)\"\" \"About 
You can put this solution on YOUR website!
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\n" ); document.write( "\n" ); document.write( "This is an accounting question. You are on the wrong website to get help with this type of work.\r
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\n" ); document.write( "\n" ); document.write( "John
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\n" ); document.write( "My calculator said it, I believe it, that settles it\r
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