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QUESTION 6 2 points Save Answer Calculate the selling price if a mark-up of 20% on selling price was maintained and the entit

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Answer #1

Answer is R29,000

Working:

let selling price be 100

profit will be 20% of this .

Equation

20% - 5,800

100% - ?

Hence Selling price will (R5800* 100)/20 = R29,000

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