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A retailer buys shoes from a supplier for $45 per pair less a trade discount of 10%. The retailer sells these shoes at a regular

A retailer buys shoes from a supplier for $45 per pair less a trade discount of 10%. The retailer sells these shoes at a regular price of $75 per pair. His overhead expenses are 20% of the regular selling price. What is the rate of markup on selling price per pair?

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