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What is the original regular selling price

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Autobots purchases car stereos for $225 less 331/3%. The store operates at a normal markup of 35% of regular selling price. the owner marks all the merchandise with new regular selling price. The owner marks all the merchandise with new regular selling prices so that the store can offer a 18 2/3 % discount while keeping the same gross profit.

Question a. What is the original regular selling price?

Question b. What is the new selling price?

Reference no: EM132578357

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