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A distributor sells beverages for $64 to a retailer who then prices the beverages based on a 25% markup. The distributor buys the creates from

A distributor sells beverages for $64 to a retailer who then prices the beverages based on a 25% markup. The distributor buys the creates from a beverage producer at a price that provides the distributor at 29% margin. If the variable manufacturing cost for the beverage producer is $15 per crate, what is the beverage producer's margin %?

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