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A retailer sells widgets for $15.00 after marking up 50% on wholesaler selling price. The wholesaler had sold the widgets to the retailer at a

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A retailer sells widgets for $15.00 after marking up 50% on wholesaler selling price. The wholesaler had sold the widgets to the retailer at a markup of 20% on the retailer's purchase price. In this instance, what is the manufacturer selling price? $36.00 $12.50 $8.00 $18.00 $9.00

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