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Suppose that Myer purchases winter dresses from a manufacturer for $50. It marks-up the prices by 100% and sells them to its customers during the

Suppose that Myer purchases winter dresses from a manufacturer for $50. It marks-up the prices by 100% and sells them to its customers during the winter. At the end of the winter season, Myer marks-down the prices by 60% to clear the stock. What is the selling price at the end of the winter season

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