A retailer has purchased a line of suits for $200 each. The selling price is $375 per

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A retailer has purchased a line of suits for $200 each. The selling price is $375 per suit. What is the markup at retail?

a. 46.7%
b. 57.1%
c. 75.0%
d. 175.0%

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Retail Management A Strategic Approach

ISBN: 9780133796841

13th Edition

Authors: Barry Berman, Joel Evans, Patrali Chatterjee

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