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MM Q2 Socks may be purchased by a retailer for $2.30 per pair. If the socks are marked up 80% on cost, what is the

MM Q2

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Socks may be purchased by a retailer for $2.30 per pair. If the socks are marked up 80% on cost, what is the retail price per pair? b) What will the retail price be if these same socks are sold with a 60% retail margin instead

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