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QUESTION 3 The factory sells a television for $550 to a distributor. The distributor marks it up 25% and sells it to a retail

QUESTION 3 The factory sells a television for $550 to a distributor. The distributor marks it up 25% and sells it to a retail store. The retail store marks it up 40% and sells it to the customer. What does the customer pay for the television set? (Excluding Tax)

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