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The Hotel Gift Shop buyer purchased 46 towels at $4.25 each, 28 towels at $6.20 each, and 32 towels at $96 a dozen. The average
The Hotel Gift Shop buyer purchased 46 towels at $4.25 each, 28 towels at $6.20 each, and 32 towels at $96 a dozen. The average markup must be 48%. What should be the retail price for each towel if all towels are to be sold at the same price?
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