Math Problem Statement

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage calculation
Revenue and cost analysis
Profit and loss calculation
Discounts and taxes

Formulas

Profit or Loss = Total Revenue - Total Cost
Total Revenue = (Discounted Price * Number of strips sold at discount) + (Full Price * Number of strips sold at full price)
Tax = 20% of Total Revenue
Percentage Profit = (Profit / Total Cost) * 100

Theorems

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Suitable Grade Level

Grades 10-12