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A producer is manufactured at a total unit cost of 370 pesos, what should its price be if you want... a) A target profit of

A producer is manufactured at a total unit cost of 370 pesos, what should its price be if you want...

a) A target profit of 22% over cost?

b) A profit of 22% on the price?

My doubts are in step 2 I don't understand how you get there, as detailed as possible to understand it

Thank you!

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