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An activity tracker manufacturer has a unit cost of $75 and wishes to achieve a margin of 25% based on its selling price. This manufacturer

An activity tracker manufacturer has a unit cost of $75 and wishes to achieve a margin of 25% based on its selling price. This manufacturer sells directly to JB Hi-Fi who then adds a set margin of 20% based on the retail price. Calculate the retail price of the activity tracker charged to consumers.(4 marks)

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