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Problem:

Bari Jay, a gown manufacturer, received an order for 560 prom dresses from China. Her cost is $20 a gown.

Required:

Question: If her markup based on selling price is 83%, what is the selling price of each gown?

Note: Please show how you came up with the solution.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91166542

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