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What is the retailers selling price if the manufacturers cost is $5.00 and the manufacturer has a 20% markup on selling pri

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Answer #1

We see that markup % on selling price=(Selling Price-Cost)/Selling Price=1-Cost/Selling Price

Hence, Selling Price=Cost/(1-Markup%)

So, Retailer selling price=5/((1-20%)*(1-10%)*(1-30%))=9.92

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