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Kim works at a sports store and needs to determine the selling price for running shoes. The running shoes have a cost of $ 1

Kim works at a sports store and needs to determine the selling price for running shoes. The running shoes have a cost of $

150 .

The manager asked Kim to price the running shoes with a

60 %

target gross margin. Kim has priced the running shoes with a

60 %

markup percentage.

Required:

1 .

What selling price does the manager want?

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