Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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Question
An electronics store bought a flatscreen television from its supplier for $699 and marked up its price by 15%. Richard makes an 8% percent commission on his sales. If Richard sells the flatscreen television at full price, how much commission will he earn (rounded to the nearest cent)?
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Step 1: Calculate marked up price
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Step 2: Find commission rate
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