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17. Leo's Wholesale Cosmetics sells beauty products to salons. Leo purchases direct from the manufacturer at a 50% trade discount and sells to his retail

17. Leo's Wholesale Cosmetics sells beauty products to salons. Leo purchases direct from the manufacturer at a 50% trade discount and sells to his retail customers at a 25% discount. One of his products is a hair color that lists for $27.95. What is Leo's net price, and what price does he charge his customers for the product

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