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Mathematics, 27.09.2020 14:01 afitzgerald

A jewelry store marks up diamond sales 150%. A diamond ring is priced $2,400. Determine the wholesale price ( jewelry store's cost ) of the ring the commission paid to a sales associate who earns a 5% commission on the retail price ( customer's price ) of the ring and the profit that the store makes on the ring if ? State the three amounts and explain how you determined the profit. ( You may write a math statement to show the solution for the profit. )

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A jewelry store marks up diamond sales 150%. A diamond ring is priced $2,400. Determine the wholesal...

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