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A hardware store wants to set the selling price for a particular type of air filter that it sells. The store buys each air filter
A hardware store wants to set the selling price for a particular type of air filter that it sells. The store buys each air filter at an MSRP of $39.99 less a trade disount of 30%. If the per unit expenses are 16% of the cost and profit is 50% of the cost, then what will the hardware store set as its regular selling price per unit? Regular selling price = $ (rounded to the nearest cent)
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