A clothing merchant purchases a shipment of clothes for $37,000.00 with discounts of 8.00% and 6.00%. He sells it to a customer at a price which includes 20.00% profit on selling price and overhead expenses of 24.00% on selling price. a. How much did it cost him to purchase the container of clothes? Round to the nearest cent b. What was the selling price of the container of clothes? Round to the nearest cent

Advanced Engineering Mathematics
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Chapter2: Second-order Linear Odes
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A clothing merchant purchases a shipment of clothes for $37,000.00 with discounts of
8.00% and 6.00%. He sells it to a customer at a price which includes 20.00% profit on
selling price and overhead expenses of 24.00% on selling price.
a. How much did it cost him to purchase the container of clothes?
Round to the nearest cent
b. What was the selling price of the container of clothes?
Round to the nearest cent
Transcribed Image Text:A clothing merchant purchases a shipment of clothes for $37,000.00 with discounts of 8.00% and 6.00%. He sells it to a customer at a price which includes 20.00% profit on selling price and overhead expenses of 24.00% on selling price. a. How much did it cost him to purchase the container of clothes? Round to the nearest cent b. What was the selling price of the container of clothes? Round to the nearest cent
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