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A manufacturer sells a 3-person tent to its wholesalers for $59.95, making a 25% margin in doing so. Wholesalers take a markup on cost of
A manufacturer sells a 3-person tent to its wholesalers for $59.95, making a 25% margin in doing so. Wholesalers take a markup on cost of 15% and sell to retailers who then take a markup on cost of 45%. How much does this tent cost you as a final consumer?
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